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EGX says Edita’s 2.9M shares block traded

EGX says Edita’s 2.9M shares block traded

ArabFinance: The Egyptian Exchange (EGX) announced block trading on 2,930,521 issued shares of Edita Food Industries worth EGP 20,308,511, according to the EGX’s disclosure on July 29th.

On June 21st, Edita acquired a new bakery production line.

Edita posted a consolidated net profit before minority interest of EGP 103.477 million in quarter one of 2021.

Edita will inaugurate a factory by the end of 2021 in Morocco, Edita’s Chairman Hany Barzi said.

Edita operates in the packaged snack food market. It manufactures, markets, and distributes a range of branded baked snack products, including packaged cakes, croissants, rusks, and wafers, as well as selected confectionery and candy products.

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