Latest news with #netlosses
Zawya
5 days ago
- Business
- Zawya
Egypt: Atlas for Investment and Food Industries registers 14.1% YoY fall in Q1 2025 standalone losses
Arab Finance: The standalone net losses of Atlas for Investment and Food Industries (AIFI) dropped by 14.13% year-on-year (YoY) to EGP 1.668 million in the first quarter (Q1) of 2025, according to the financial results. In Q1 2024, the company's net losses stood at EGP 1.943 million. Non-consolidated loss per share was kept unchanged at EGP 0.003 in the first three months of 2025. Established in October 1997, Atlas focuses on real estate, farm development, and agricultural processing. It is also a parent for four companies, namely: Atlas Siwa, Atlas Food, Atlas Farms, and Atlas Real Estate. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
6 days ago
- Business
- Zawya
Egypt: Rowad Tourism incurs 31% YoY higher standalone losses in Q1 2025
Rowad Tourism (Al Rowad) suffered standalone net losses after tax valued at EGP 1.915 million in the first quarter (Q1) of 2025, an annual surge of 31.04% from EGP 1.462 million, the financial results showed. Non-consolidated loss per share hit EGP 0.11 in Q1 2025, compared to EGP 0.08 in Q1 2024. Al Rowad is an Egypt-based public shareholding company that operates in the tourism industry. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
7 days ago
- Business
- Zawya
Egypt: GMC Group incurs 181.9% YoY higher losses in Q1 2025
Arab Finance: GMC Group for Industrial, Commercial, and Financial Investments (GMCI) suffered net losses after tax valued at EGP 430,101 in the first quarter (Q1) of 2025, the financial results showed. The incurred net losses were higher by 181.90% year-on-year (YoY) than the EGP 152,569 reported in Q1 2024. Loss per share hit EGP 0.01 in Q1 2025, versus EGP 0.003 in Q1 2024. Established in 1992, the company is primarily engaged in the provision of petroleum services related to oil exploration, drilling, and maintenance. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
7 days ago
- Business
- Zawya
Egypt: El Ahram for Printing's net losses shrink 23% YoY in Q1 2025
Arab Finance: El Ahram for Printing and Packing net losses posted 23.05% year on year (YoY) lower net losses after tax at EGP 4.360 million in the first quarter (Q1) of 2025, versus EGP 5.667 million, according to the financial results. Loss per share amounted to EGP 0.52 as of March 31 st, 2025, an annual drop from EGP 0.68. Net sales declined to EGP 6.046 million in Q1 2025 from EGP 6.322 million in Q1 2024. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
12-06-2025
- Business
- Zawya
Egypt: Spinalex turns to $261,503 losses in 9 months
Arab Finance: Alexandria Spinning and Weaving Company (Spinalex) incurred net losses after tax worth EGP 13.598 million in the first nine months of fiscal year (FY) 2024/2025, as per the financial results. The reported net losses were compared with net profits valued at EGP 103.238 million in the corresponding nine months of FY 2023/2024. Spinalex recorded 26% year-on-year (YoY) higher revenues at EGP 553.261 million in the period from July 2024 to March 2025, versus EGP 440.422 million. Basic loss per share reached EGP 0.04 at the end of March 2025, against a profit per share of EGP 0.32 in the first nine months of FY 2023/2024. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
