Ajwa Group for Food Industries – Egypt posted consolidated net loss of EGP 86.5 thousand ($12.1 thousand) for the first nine months of FY14, narrowing 99.1% from EGP 10 million ($1.4 million) net loss in the year-ago period.
The company’s consolidated financial statements for H1-14 had shown EGP 131.8 thousand net profit, against EGP 11.6 million net loss in H1-13.
H1 non-consolidated financial statements had shown EGP 3.090 million net profit, against EGP 1.913 million net loss in the same period a year earlier.
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