Cairo – Mubasher: Edita Food Industries’ consolidated profits for the first quarter of fiscal year 2017 rose 22% to EGP 47.83 million, compared to EGP 39.16 million for Q1-16.
Consolidated sales increased to EGP 642.4 million in Q1-17 from EGP 518.09 million in Q1-16, according to a bourse filing released on Thursday.
Standalone profits grew in Q1-17 to EGP 22.29 million from EGP 19.48 million for Q1-16.
The stock advanced on Wednesday by 0.31% to EGP 19.35.
