Edita’s consolidated profits inche up 0.12% YoY in 2024
Updated 3/10/2025 9:31:00 AM
Arab Finance: Edita Food Industries (EFID) recorded a 0.12% year-on-year (YoY) uptick in consolidated profits attributable to the parent company in 2024 to EGP 1.633 billion versus EGP 1.631 billion, as per the company's financial statement.
Revenues soared to EGP 16.146 billion last year from EGP 12.126 billion in the year before.
As for the standalone business, net profits after tax recorded EGP 1.415 billion in 2024, up from EGP 1.379 billion in 2023.
Founded in 1996, Edita is an Egypt-based leader in the packaged snack food market that operates within the manufacturing, marketing, and distribution of 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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