Domty to postpone launch of baked goods line to 3Q18
Arabian Food Industries (Domty) [DOMT.CA] is looking to postpone the launch of its baked goods line to 3Q18 instead of June as originally planned due to a slowdown in sales of baked goods, according to Vice Chairman Mohamed El Damaty.
Domty: EGP11.78 as of 16 Apr. 2018, Rating: Buy, TP: EGP14.00/share, MCap: USD189mn, DOMT EY/DOMT.CA
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