Cairo- Mubasher: The Arabian Food Industries Co. (Domty) targets to increase its sales to more than EGP 3.5 billion in 2020, the company’s vice chairman and managing director for planning and supervision Mohamed El-Damaty said.
Domty seeks to achieve its plan by introducing a new bakery line in 2020, El-Damaty noted, according to a bourse disclosure to the Egyptian Exchange (EGX) on Wednesday.
Domty plans to launch ‘Slim’ product, a sugar-free juice that appeals to many local and global customers, according to the disclosure.
It is worth pinpointing that in the first half of 2019, the company’ profits slumped to EGP 66.3 million from EGP 98.13 million in H1-18, including minority shareholders’ rights
