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Edita sees revenues rise 25.5% y-o-y in 3Q
The firm’s revenues were driven by its “diversification strategy, focus on high-value propositions, and expansion into smaller segments”
EFG Holding, Edita, Raya Holding, more report quarterly earnings
EFG Holding saw its net income after tax and minority interest almost double y-o-y during 2Q 2024
Fresh investments into Masria Digital Payments. PLUS: News from Al Ahly Sabbour and Edita
MDP is in talks with five local and international investment funds over a USD 80-100 mn investment
Snackmaker Edita saw its bottom line rise 16% in 1Q 2024
Growth was recorded across all segments, with cake sales making up half of the quarter’s revenues
Banque Misr’s MDI has poured some EGP 2.5 bn into Onebank. PLUS: News from Elsewedy Electric, OPay, Edita
MDI received preliminary approval last week from the Central Bank of Egypt to launch Onebank
Edita looks to acquire Bisco Misr?
Edita is yet to submit an official offer or take any tangible steps towards acquiring the company
Edita’s bottom line rose 57% in 2023
Revenues were pushed up by an increase in sales and price hikes
Edita wants to invest 1 EGP bn to expand production capacity
The company’s sales saw a 20% y-o-y in 2023
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