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Ajwa turns a loss in Q3

Ajwa turns a loss in Q3
The company registered EGP 1.54 million losses during Q3 - Photo Credit: Company's Website
Ajwa
AJWA
-1.00% 146.23 -1.47

Cairo – Mubasher: Ajwa Group for Food Industries swung from profits into losses during the third quarter of 2016, according to a bourse filing.

The company registered EGP 1.54 million losses during Q3 against EGP 8.8 million profits for the year-ago period.

In the first nine months, the company earned EGP 17 million, higher 840% year-over-year from EGP 1.81 million.