{"id":571860,"date":"2020-06-02T04:37:42","date_gmt":"2020-06-02T04:37:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/"},"modified":"2020-06-02T04:37:42","modified_gmt":"2020-06-02T04:37:42","slug":"domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/","title":{"rendered":"Domty to invest EGP 75 mn to add two new production lines this year"},"content":{"rendered":"

Domty Food Industries is investing EGP 25 mn to set up a new mozzarella cheese production line by the end of 2Q2020, and another EGP 50 mn in a bakery production line that will come online before the start of the upcoming academic year, according to the local press<\/a>. The combined EGP 75 mn investment comes after the company reportedly reached maximum production capacity on its baked goods production lines in January and saw an uptick in demand for cheese products at the start of the covid-19 crisis.<\/p>\n","protected":false},"excerpt":{"rendered":"

Domty Food Industries is investing EGP 25 mn to set up a new mozzarella cheese production line by the end of 2Q2020, and another EGP 50 mn in a bakery production line that will come online before the start of the upcoming academic year, according to the local press. The combined EGP 75 mn investment […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7255],"tags":[828,1598,72,564,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-571860","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-dairy","tag-domty","tag-enterpriseam","tag-food","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"937027fe-d77f-4db8-81d6-cc648fd68475","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[571836],"teaser":"","voice_url":""},"yoast_head":"\nDomty to invest EGP 75 mn to add two new production lines this year - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Domty to invest EGP 75 mn to add two new production lines this year\" \/>\n<meta property=\"og:description\" content=\"Domty Food Industries is investing EGP 25 mn to set up a new mozzarella cheese production line by the end of 2Q2020, and another EGP 50 mn in a bakery production line that will come online before the start of the upcoming academic year, according to the local press. The combined EGP 75 mn investment […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-02T04:37:42+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Domty to invest EGP 75 mn to add two new production lines this year\",\"datePublished\":\"2020-06-02T04:37:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/\"},\"wordCount\":98,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"dairy\",\"Domty\",\"EnterpriseAM\",\"food\",\"Manufacturing\"],\"articleSection\":[\"Manufacturing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/\",\"name\":\"Domty to invest EGP 75 mn to add two new production lines this year - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-06-02T04:37:42+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Domty to invest EGP 75 mn to add two new production lines this year\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Domty to invest EGP 75 mn to add two new production lines this year - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/","og_locale":"en_US","og_type":"article","og_title":"Domty to invest EGP 75 mn to add two new production lines this year","og_description":"Domty Food Industries is investing EGP 25 mn to set up a new mozzarella cheese production line by the end of 2Q2020, and another EGP 50 mn in a bakery production line that will come online before the start of the upcoming academic year, according to the local press. The combined EGP 75 mn investment […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2020-06-02T04:37:42+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Domty to invest EGP 75 mn to add two new production lines this year","datePublished":"2020-06-02T04:37:42+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/"},"wordCount":98,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["dairy","Domty","EnterpriseAM","food","Manufacturing"],"articleSection":["Manufacturing"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/","url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/","name":"Domty to invest EGP 75 mn to add two new production lines this year - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2020-06-02T04:37:42+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/domty-to-invest-egp-75-mn-to-add-two-new-production-lines-this-year\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Domty to invest EGP 75 mn to add two new production lines this year"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":595471,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/26\/domty-signs-egp-100-mn-loan-with-cib\/","url_meta":{"origin":571860,"position":0},"title":"Domty signs EGP 100 mn loan with CIB","author":"enterpriseam admin","date":"26 September 2019","format":false,"excerpt":"Cheese producer Domty has signed a medium-term, EGP 100 mn loan with the CIB to fund future expansion plans, including the launch of new products, the company said in an EGX disclosure (pdf). The company agreed to repay the bank within 75 months from the date of the first withdrawal.","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571850,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/earnings-watch-domty-records-uptick-in-1q2020-profits\/","url_meta":{"origin":571860,"position":1},"title":"Earnings watch: Domty records uptick in 1Q2020 profits","author":"enterpriseam admin","date":"2 June 2020","format":false,"excerpt":"EARNINGS WATCH- Domty profits up 11% in 1Q: Arabian Food Industries (Domty) recorded EGP 32.1 mn in net profit in 1Q2020, up 11% from EGP 28.8 mn in the same period last year, according to its latest financials (pdf). Revenues rose 13.7% on an annual basis to hit EGP 745\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622065,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/26\/earnings-watch-egypts-domty-reports-egp-34-7-mn-3q2018-net-profit\/","url_meta":{"origin":571860,"position":2},"title":"Earnings watch: Egypt\u2019s Domty reports EGP 34.7 mn 3Q2018 net profit","author":"enterpriseam admin","date":"26 November 2018","format":false,"excerpt":"EARNINGS WATCH- Cheese producer Domty reported a net profit of EGP 34.7 mn in 3Q2018, up from EGP 22 mn in 3Q2017, according to the company's earnings release (pdf). Top line for the quarter reached EGP 691.2 mn, up from EGP 680 mn in 3Q2017.","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652257,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/domty-yellow-cheese-cheese-sandwich-production-lines-begin-operations-this-month\/","url_meta":{"origin":571860,"position":3},"title":"Domty yellow cheese, cheese sandwich production lines begin operations this month","author":"enterpriseam admin","date":"4 January 2017","format":false,"excerpt":"Domty will begin operations at its new yellow cheese and cheese sandwich production lines this month, head of investor relations Ahmed El Homsany told Al Mal. The EGP 240 mn expansion plan will be made possible by a set of machinery that is scheduled to arrive this month, he added.\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648509,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/earnings-watch-domty-3\/","url_meta":{"origin":571860,"position":4},"title":"Earnings watch: Domty","author":"enterpriseam admin","date":"5 April 2017","format":false,"excerpt":"EARNINGS WATCH- Cheese manufacturer Domty\u2019s net profit plunged 80% y-o-y to EGP 25.6 mn in 2016 as the company posted an EGP 29 mn loss in the fourth quarter, according to its earnings release. Revenues grew by 22% y-o-y to EGP 1.7 bn last year. Results in 4Q16 were affected\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595745,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/05\/egypts-domty-signs-agreement-with-americas-amf-for-egp-500-mn-bakery-line\/","url_meta":{"origin":571860,"position":5},"title":"Egypt\u2019s Domty signs agreement with America\u2019s AMF for EGP 500 mn bakery line","author":"enterpriseam admin","date":"5 August 2019","format":false,"excerpt":"The Arabian Food Industries Company (Domty) signed an agreement last week with US bakery equipment manufacturer AMF Bakery Systems to purchase and install a third EGP 50 mn bakery line, the cheesemaker said in a bourse disclosure (pdf). The new line, which is expected to come online in February 2020,\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/571860","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=571860"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/571860\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/571836"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=571860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=571860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=571860"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=571860"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=571860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}