Cairo – Mubasher: Edita Food Industries on Sunday has revealed plans to inject around EGP 450 million investments in its potential expansions during the current year.

Edita aims to add new production lines, and to expand in Morocco, according to a statement to the Egyptian Exchange (EGX).

In February, the Egyptian confectioner reported a 38.6% year-on-year increase in consolidated profits during the full-year 2018, logging EGP 336.8 million last, compared to EGP 243.04 million in 2017.