Cairo – Mubasher: Arabian Food Industries Co (Domty) expects to generate EGP 3 billion in sales by the end of 2020.
The expectation is based on a 13% growth in sales during the first quarter of 2020, the company said in a bourse disclosure on Tuesday.
It is noteworthy to mention that Domty achieved net profits of EGP 32.1 million in the January-March period, up EGP 28.8 million in the year-ago period.
Sales rose to EGP 744.8 million in Q1-20 from EGP 654.8 million in Q1-19.
