Arab Finance: Gtex for Commercial and Industrial Investments suffered consolidated net losses amounting to $3.223 million from inception until October 31st2024, according to the financial results.
Loss per share hit $0.007, while operating revenues reached $11.194 million.
As for the standalone business, the EGX-listed firm recorded net profits valued at $1.35 million at the end of October 2024.
Gtex is the demerged company from Al-Arafa for Investments and Consultancies. It operates in several strategic fields, including textile manufacturing, retail, real estate investment, and financial services.
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