Cairo – Mubasher: Arabian Food Industries Co (Domty) explored possible means of cooperation with the world's fourth largest dairy manufacturer, FrieslandCampina, to further boost exports to African countries.
The two parties signed a memorandum of understanding (MoU) in this regard, Domty said in a bourse disclosure on Sunday.
During the first six months of 2020, Domty logged EGP 63.83 million in net profits, slightly down from EGP 66.34 million in the year-ago period, including minority shareholders’ rights.