ArabFinance: Arab Dairy Products Co. Arab Dairy’s (Panda) (ADPC) reported consolidated losses attributable to the parent company of EGP 53.047 million in 2021, up from EGP 46.742 million in 2020, according to financial statements filed to the Egyptian Exchange (EGX) on Tuesday.
Standalone losses increased to EGP 53.339 million in 2021, from EGP 47.007 million the year before, financial statements showed.
Arab Dairy is an Egypt-based company engaged in the dairy industry. The company exports its products to Middle Eastern countries, such as Lebanon, Jordan, Libya, the United Arab Emirates, Saudi Arabia, Palestine, Bahrain, Oman, and Kuwait.