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Ajwa profits skyrocket in H1

Ajwa profits skyrocket in H1
Photo Credit: Arabianeye-Reuters
Ajwa
AJWA
-1.94% 46.92 -0.93

Cairo - Mubasher: Ajwa Group for Food Industries reported net profits of EGP 11.2 million in the first half of 2015, up by 8383.6% from EGP 131,810 for the comparable period in the previous year.

Earlier, the company's financial indicators showed that its net profits climbed  760% to EGP 6.66 million in the first half of 2015, up from EGP 774,800 for the comparable period in the previous year.

Ajwa is capitalised at EGP 200.95 million, distributed across 100.5 million shares at EGP 2 par value each.