Obour Land ups fleet size to 400 vehicles, to commence operations at dairy farm by end of 2019
Obour Land for Food Industries’ (OLFI.CA) has increased the number of vehicles in its fleet to 400 vehicles, an increase of 46 vehicles YTD. The company also noted that it would begin its dairy farm activities by end of 2019, with plans to import 700 cows (of a total 2,500) by 3Q19.
Obour Land: EGP18.50 as of 4 Nov. 2018, Rating: Buy, TP: EGP28.00/share, MCap: USD207mn, OLFI EY/OLFI.CA
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