Edita inks EGP 500m deal to fuel expansion

Cairo - Mubasher: Edita Food Industries signed a medium-term loan agreement for a total amount of EGP 500 million for seven years, according to a bourse filing.

Divided into two tranches, the loan will be utilized to refinance the asset acquisition of production lines, develop the acquired lines, and enhance production capacity.

Last April, Edita secured a medium-term loan of EGP 600 million to back its expansion strategy.

The EGX-listed company delivered strong financial performance in 2025, with an annual surge of 29.50% year-on-year (YoY) in revenue to EGP 20.90 billion. The net profits jumped by 72.60% YoY to EGP 2.40 billion as of 31 December 2025.

Mubasher Contribution Time: 04-May-2026 06:46 (GMT)
Mubasher Last Update Time: 04-May-2026 06:47 (GMT)