The Arab Dairy Products Co. Announces Consolidated and Standalone Earnings Results for the Full Year of Fiscal 2019
April 21, 2020 at 09:47 am EDT
The Arab Dairy Products Co. announced consolidated and standalone earnings results for the full year of fiscal 2019. The consolidated company showed a 27.1% year-on-year (YoY) rise in its net profits during 2019. The company achieved net profits of EGP 52.52 million last year, up from EGP 41.29 million in 2018. Sales grew to EGP 1.26 billion in 2019, compared to EGP 1.18 billion in the previous year.
As for standalone business, the firm's net profits went up to EGP 52.29 million last year from EGP 40.9 million a year earlier.