ArabFinance: Edita Food Industries (EFID) achieved a net profit of EGP 302.2 million in 2020, the company disclosed on February 24th.
The company reported a consolidated net profit before minority interest stood at EGP 216.29 million during the first nine months of 2020, compared to EGP 289.09 million in the same period of the prior year.
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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