Arabian Food Industries Co (DOMT)

Cairo – Mubasher: Arabian Food Industries Company (Domty) recorded higher consolidated net profits after tax at EGP 454.43 million in 2023, compared to EGP 265.70 million in 2022. The earnings per share (EPS) jumped to EGP 1.30 last year from EGP …

Cairo – Mubasher: Arabian Food Industries Company (Domty) announced the board’s proposal to disburse dividends amounting to EGP 56.52 million from the retained earnings account appearing in the 2022 financials. Domty will distribute a cash …

Cairo – Mubasher: International Dairy Investment Company purchased 69.55 million shares in Arabian Food Industries Company (Domty), acquiring a 24.61% stake in the latter. The transaction was concluded at a value of EGP 445.84 million at an …

Cairo – Mubasher: The consolidated net profits after tax of Arabian Food Industries Company (Domty) jumped to EGP 162.68 million in the first nine months (9M) of 2022 from EGP 19.91 million in 9M-21, including minority interests. The earnings per …

Cairo – Mubasher: Nas5 Russell Investment has sold 9 million of its shares in Arabian Food Industries Company (Domty) for a total value of EGP 49.50 million or an average price of EGP 5.50 per share.  Following the transaction, the ownership of …

Cairo – Mubasher: The Egyptian Exchange (EGX) announced that the compulsory purchase offer submitted by Expedition Investments to acquire 93.01 million of Arabian Food Industries Company’s (Domty) issued shares was completed on 21 September 2022. …

Cairo – Mubasher: The Financial Regulatory Authority (FRA) has announced a compulsory purchase offer submitted by Expedition Investments to acquire a 34% stake in Arabian Food Industries Company (Domty) at a total value of EGP 5 per share. …

Cairo – Mubasher: Arabian Food Industries Company (Domty) has teamed up with global tech firm SAP to initiate a digital transformation journey. Domty will use cloud integration and software solutions to develop interactions with its 55,000 …

Cairo – Mubasher: Arabian Food Industries Company (Domty) has received a non-binding initial offer from Expedition Investments to acquire a stake of up to 90% in Domty. Expedition Investments intends to purchase a majority stake in Domty at an …

Cairo – Mubasher: Arabian Food Industries Company (Domty) achieved consolidated net profits of EGP 19.91 million in the first nine months of 2021, down by 81% year-on-year (YoY) from EGP 105.09 million, including minority shareholders' rights.  …

Cairo – Mubasher: Arabian Food Industries Company (Domty) said that the total cost of the establishment of two bakery production lines is estimated at EGP 110 million.  The value of the machines used in baking amounts to EUR 2.5 million under …

Cairo – Mubasher: Arabian Food Industries Company (Domty) logged net profits of EGP 51 million in the third quarter (Q3) of 2021, up by 23.4% year-on-year (YoY) from EGP 41.3 million, the unaudited financial results showed.  The net sales …

Cairo – Mubasher: The consolidated financials of Arabian Food Industries Company (Domty) has recorded EGP 32.55 million net losses during the first half (H1) of 2021, against net profits of EGP 63.83 million in the year-ago period. The company …

Cairo – Mubasher: Arabian Food Industries Company (Domty) signed two contracts with US bakery equipment manufacturer AMF to supply the fourth bakery production line and the first production line for croissants with total investments of EUR 2.5 …

Cairo – Mubasher: Arabian Food Industries Company (Domty) incurred consolidated net losses after tax, including minority interest, worth EGP 3.43 million during the January-March 2021 period, against a net profit of EGP 32.09 million in the same …

Cairo – Mubasher: The ordinary general meeting (OGM) of Arabian Food Industries Company (Domty) approved a cash dividend of EGP 0.20 per share for 2020. The shareholders also approved the reappointment of the board of directors, chaired by Omar …

Cairo – Mubasher: Arabian Food Industries Company (Domty) signed an agreement with the Dutch dairy company FrieslandCampina International Holding B.V. to establish a joint venture (JV) that will export and sell affordable cheese propositions to …

Cairo – Mubasher: The board of directors of the Arabian Food Industries Co (Domty) recommended a cash dividend distribution of EGP 0.20 per share at a total value of EGP 56.52 million for 2020’s earnings. The board also proposed distributing a …

Cairo – Mubasher: Arabian Food Industries Co (Domty) recorded consolidated net profits of EGP 157.97 million in 2020, slightly up from EGP 156.16 million a year earlier, including minority shareholders’ rights. The profits attributable to minority …

Cairo – Mubasher: The board of directors of Arabian Food Industries Co (Domty) authorised its Vice Chairman and Managing Mohamed El-Damaty to issue an official power of attorney to the Egyptian Arab Land Bank (EALB). The power of attorney will …

Cairo – Mubasher: Arabian Food Industries Co (Domty) said that its sales surged by 26% year-on-year (YoY) to EGP 815 million during the fourth quarter (Q4) of 2020, compared to EGP 647 million, the unaudited results showed. The jump in sales was …

Cairo – Mubasher: Arabian Food Industries Co (Domty) expects to generate sales near EGP 800 million in the fourth quarter (Q4) of 2020. The food producer said that the volume and value of cheese and bakery sales are projected to increase in the …

Cairo – Mubasher: Arabian Food Industries Co (Domty) signed an agreement with Tetra Pak to purchase a packing line for dairy products at an investment cost of $500,000. The company is looking to start producing and selling milk by the middle of …

Cairo – Mubasher: The consolidated net profits of Arabian Food Industries Co (Domty) declined to EGP 105.09 million in the first nine months of 2020, down by 10.2% year-on-year (YoY) from EGP 117.04 million. The company’s revenues grew to EGP …

Cairo – Mubasher: Arabian Food Industries Co (Domty) explored possible means of cooperation with the world's fourth largest dairy manufacturer, FrieslandCampina, to further boost exports to African countries. The two parties signed a memorandum of …