Cairo – Mubasher: The consolidated net losses of Odin Investments plummeted by 84.1% year-on-year (YoY) to EGP 2.21 million in 2020, compared to EGP 1.2 million in 2019, including minority shareholders’ rights.
The company’s revenues rose to EGP 16.78 million last year, compared to EGP 13.41 million in 2019, according to a bourse disclosure on Monday.
As for standalone business, the company logged EGP 569,822 in net profits in 2020, down from EGP 1.89 million a year earlier.
During the first nine months of 2020, Odin Investments reported net profits of about EGP 36,090, down from around EGP 731,400 in the same period in 2019, including minority shareholders’ rights.
