Edition:
India

Arabian Food Industries Company SAE (DOMT.CA)

DOMT.CA on The Egyptian Exchange

6.21EGP
27 Jul 2020
Change (% chg)

£-0.04 (-0.64%)
Prev Close
£6.25
Open
£6.20
Day's High
£6.27
Day's Low
£6.20
Volume
7,730
Avg. Vol
609,157
52-wk High
£9.50
52-wk Low
£4.70

Latest Key Developments (Source: Significant Developments)

Arabian Food Industries Q1 Consol Profit Rises
Monday, 1 Jun 2020 

June 1 (Reuters) - ARABIAN FOOD INDUSTRIES COMPANY ::Q1 CONSOL NET PROFIT EGP 32.1 MILLION VERSUS EGP 28.8 MILLION YEAR AGO.Q1 CONSOL NET SALES EGP 744.8 MILLION VERSUS EGP 654.8 MILLION YEAR AGO.SALES STARTED TO RECOVER SIGNIFICANTLY WITH THE BEGINNING OF THE CORONA CRISIS IN MID-MARCH.SALES OF BAKED PRODUCTS AND JUICES DECLINED IN GENERAL AS A RESULT OF CLOSURE OF SCHOOLS AND UNIVERSITIES.CANNOT FORECAST COMPANY'S SALES OR PROFITS TILL END OF YEAR.IN APRIL CO WAS ABLE TO ACHIEVE SIGNIFICANT GROWTH RATES, BUT THERE WAS A DECLINE IN MAY.  Full Article

Egypt's Domty Signs Medium-Term Loan Contract With CIB Egypt
Wednesday, 25 Sep 2019 

Sept 25 (Reuters) - ARABIAN FOOD INDUSTRIES CO ::SIGNS MEDIUM-TERM LOAN CONTRACT WITH COMMERCIAL INTERNATIONAL BANK.AS PART OF CONTRACT CIB-EGYPT ALLOWS DOMTY TO OBTAIN A LOAN OF UP TO EGP 100 MILLION.LOAN SHALL BE REPAID IN 20 QTRLY INSTALLMENTS STARTING AFTER GRACE PERIOD OF 6 MONTHS FROM THE DATE WITHDRAWAL PERIOD ENDS.THE LAST INSTALLMENT DUE AFTER 75 MONTHS FROM DATE OF FIRST WITHDRAWAL.LOAN PROCEEDS WILL BE USED TO FINANCE CO'S FUTURE EXPANSION NAD CAPITAL EXPENDITURES FOR CO'S NEW PRODUCTS.  Full Article

Egypt's Domty Signs Agreement To Acquire & Install New Bakery Line With AMF
Sunday, 4 Aug 2019 

Aug 4 (Reuters) - ARABIAN FOOD INDUSTRIES CO ::SIGNS AGREEMENT TO ACQUIRE & INSTALL A NEW BAKERY LINE WITH AMF.TOTAL COST OF NEW LINE WITH ALL OF ITS COMPONENTS IS EGP 50 MILLION.NEW LINE IS EXPECTED TO START OPERATING IN REBRUARY 2020.PRODUCTION CAPACITY OF NEW LINE IS 270 THOUSAND PIECES PER DAY.  Full Article

Egypt's Domty Q4 Consol Profit Falls
Sunday, 31 Mar 2019 

March 31 (Reuters) - ARABIAN FOOD INDUSTRIES CO ::Q4 CONSOL NET PROFIT AFTER TAX EGP 21.8 MILLION VERSUS EGP 33 MILLION YEAR AGO.Q4 CONSOL NET SALES EGP 613.4 MLN VS EGP 615 MLN YEAR AGO.SAYS RESTRUCTURING OF DISTRIBUTION SECTOR MUST BE COMPLETED DURING THE FIRST HALF OF THE YEAR.SAYS HENCE IT MAY COST COMPANY TEMPORARY DECLINE IN SALES IN WHITE CHEESE.SAYS SITUATION WILL BEGIN TO STABILIZE IN H2 OF 2019 DUE TO RESTRUCTURING OF DISTRIBUTION SECTOR.SAYS SITUATION WILL BEGIN TO STABILIZE IN H2 OF 2019 DUE TO INCREASE IN CAPACITY OF BAKERY SEGMENT THAT WILL TAKE PLACE IN H2.  Full Article

Egypt's Domty FY Standalone Profit Rises
Sunday, 31 Mar 2019 

March 31 (Reuters) - ARABIAN FOOD INDUSTRIES CO ::FY STANDALONE NET PROFIT EGP 139.4 MILLION VERSUS EGP 50 MILLION YEAR AGO.  Full Article

Egypt's Domty Board Proposes FY Dividend
Sunday, 31 Mar 2019 

March 31 (Reuters) - ARABIAN FOOD INDUSTRIES CO ::BOARD PROPOSES FY CASH DIVIDEND OF 20 QIRSH PER SHARE.  Full Article

Egypt's Arabian Food Industries Q3 Profit Rises
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - ARABIAN FOOD INDUSTRIES CO SAE ::Q3 CONSOL NET PROFIT EGP 34.7 MILLION VERSUS EGP 22 MILLION YEAR AGO.Q3 CONSOL NET SALES EGP 691.2 MILLION VERSUS EGP 680 MILLION YEAR AGO.  Full Article

Egypt's Domty Sees Annual Sales Over EGP 100 Mln From Baked Product
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - ARABIAN FOOD INDUSTRIES CO ::STARTED PRODUCING BAKED GOODS AT THE END OF AUGUST THROUGH A SINGLE PRODUCTION LINE.SEES ANNUAL SALES EXCEEDING EGP 100 MILLION FROM NEW PRODUCT.  Full Article