Edita Food Industries plans to expand in Saudi Arabia market

Egypt’s largest snack food producer Edita is considering expansion in Saudi market and it will put the matter within its future plan, according to a statement on Tuesday from the company in response of EGX’s inquiries.

It is worth mentioning that Edita Food Industries earned a profit of 809.79 million Egyptian pounds from January to the end of June 2023, compared to 374.91 million pounds in the same period last year.

The Edita Food Industries company’s sales increased during the first six months of this year to reach 5.63 billion pounds, compared to 3.13 billion pounds in the comparative period from 2022.