Cairo- Mubasher: The ordinary general meeting (OGM) of Egypt’s Ajwa Group for Food Industries approved the consolidated and unconsolidated financial statements for 2015, according to the company’s statement.

Ajwa achieved a net profit of EGP 3.3 million in 2015, against losses of EGP 9.14 million in 2014.

The unconsolidated financial statements showed an increase in annual losses in 2015 to EGP 10.4 million, a rise by 12.5% from the EGP 9.3 million in 2014.