Arabian Food Industries (Domty) announced plans to launch its baked goods line in June, following Ramadan, company CEO Mohamed Al Damaty said. The products were originally set to launch in 2017, but were postponed as the company shifted focus to enhancing its production capacity as a result. No major capex is planned for 2018, he added.
Domty: EGP10.80 as of 2 Apr. 2018, Rating: Buy, TP: EGP14.00/share, MCap: USD173mn, DOMT EY/DOMT.CA
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