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Edita plans to inject EGP 1bn investments in 3M

Edita plans to inject EGP 1bn investments in 3M
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Edita
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Cairo – Mubasher: Edita Food Industries plans to inject new investments worth EGP 1 billion in the upcoming three years.

Through these investments, the company seeks to expand its operational businesses, according to a bourse filing on Sunday.

It is noteworthy to mention that in 2021, the company recorded a 52% rise in its consolidated net profits to EGP 528.87 million, compared to EGP 347.69 million in the earlier year, including minority shareholders' rights.