Egyptian mogul Hani Berzi gains $23 million in 47 days from stake in Edita Food Industries
The gains are due to a double-digit percent increase in the company’s share price.
The gains are due to a double-digit percent increase in the company’s share price.
The dividend will be paid from the group’s retained earnings of $103.8 million.
Edita’s planned investment is consistent with its intention to develop the region’s food manufacturing position.
The new facility will be run by Edita’s Moroccan subsidiary, Edita Food Industries Morocco.
Berzi owns a 41.95-percent stake in Edita Food Industries, a leader in the Egyptian packaged snack foods market.
Edita Food Industries is a leader in the growing Egyptian packaged snack foods market.
Edita Food Industries is a leader in the Egyptian packaged snack foods market.