Foodmaker Edita attains $202mn sales in September 2015

Egyptian foodmaker, Edita has obtained nine-month sales estimated at 1.579 billion Egyptian pounds (US$201.6 million ) versus 1.35 billion pounds a year earlier, registering 16.95 percent increase.

Edita’s consolidated business statements stated Thursday that firm’s total profits during the first nine months of 2015 reached around 602 million pounds compared to 503.3 million pounds at the same period of 2014, making 19.705 percent growth.

The statements showed that the net profits of Edita have been increased by 29.9 percent at September 2015 since they recorded 233.9 million pounds opposed to 180.1 million at September 2014.

On other side, firm’s unconsolidated business statements clarified that Edita’s net profit is estimated at 166.11 million pounds within the first nine months of 2015.

Edita Food Industries has achieved net profit within the first half of 2015 estimated at 148.26 million compared to 142.16 million a year earlier.