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Tuesday, 2 June 2020

Earnings watch: Domty records uptick in 1Q2020 profits

EARNINGS WATCH- Domty profits up 11% in 1Q: Arabian Food Industries (Domty) recorded EGP 32.1 mn in net profit in 1Q2020, up 11% from EGP 28.8 mn in the same period last year, according to its latest financials (pdf). Revenues rose 13.7% on an annual basis to hit EGP 745 mn from EGP 655 mn in 1Q2019.

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