Egypt’s dairy maker Domty profits surge to EGP 32.1 mln in Q1

Egyptian Arabian Food Industries Company’s (Domty) profits rose to 32.1 million Egyptian pounds ($2 million) during the first quarter of the current year, showed financial statements on Monday.

Earlier, profits registered 28.8 million pounds during the first quarter of 2019.

The dairy maker posted an increase in sales to record 744.8 million pounds at the end of March from 654.8 million pounds during the same period last year.