Cairo – Mubasher: Arabian Food Industries Co (Domty) said that its sales surged by 26% year-on-year (YoY) to EGP 815 million during the fourth quarter (Q4) of 2020, compared to EGP 647 million, the unaudited results showed.
The jump in sales was ascribed to the 25% increase in white cheese sales, the company said in a statement on Thursday.
During the first nine months of 2020, Domty achieved net profits of EGP 105.09 million, down from EGP 117.04 million in the year-ago period.
