Arab Dairy

Earnings watch: Arab Dairy

EARNINGS WATCH- Arab Dairy saw their bottom line fall 61.9% y-o-y in 1Q2022 to EGP 3.19 mn, according to their financials (pdf). The Panda cheese makers also saw their sales decline 23.6% y-o-y during the quarter to EGP 292.8 mn. MARKET ROUNDUP- The EGX30 fell 0.1% at today’s close on turnover of EGP 813 mn…