By: Ahmed Allam
Cairo – Mubasher: Qalaa Holdings plans to increase revenue from Dina Farms to EGP 950 million in 2019 from EGP 650 million a year earlier, the company’s chairman Ahmed Heikal said.
Over the next three years, the Egyptian investment company aims to invest EGP 400 million in Dina Farms, Heikal revealed during an event organised on Monday.
Such investments will be self-financed from the company’s revenues, he said, adding that Qalaa Holdings might borrow a maximum amount of EGP 100 million.
In addition, Qalaa Holdings aims to increase Dina Farms' milk production to 140,000 tonnes from the current 80,000 tonnes, he added.
Translated by: Zeinab Adel
