Domty reports net profit of US$300,000 in H1 2025

EGYPT – Arabian Food Industries Company’s (Domty) has reported a net profit of US$300,000 (EGP 14.665 million) in H1 2025, compared to US$4.94 million (EGP 241.062 million) in H1 2024.

According to the company’s financial statement filed with the Egyptian Exchange, Consolidated sales surged to US$87.23 million (EGP 4.255 billion) in the first six months of the year from US$89 million (EGP 4.346 billion) in the year-ago period.

As per the standalone financial statement, Domty recorded net profits excluding income tax and health insurance of US$226,260 (EGP 11.037 million) in H1 2025, compared to US$4.94 million (EGP 240.849 million) in H1 2024.

Domty is an Egypt-based company engaged in the production and sale of dairy products, including cheese products, such as Tetra Pak cheese, plastic tubes cheese, mozzarella cheese, and spread cheese, as well as milk products and juices.

Domty reports net profits of EGP 10.592 million in Q1 2025

According to the report, the profits were 93.09% lower than the US$3.14 million (EGP 153.302 million) in Q1 2024. The company reported a significant decline in net profit after tax to EGP 10.048 million at the end of March 2025, compared to US$3.14 million (EGP 153.141 million).

Earnings per share (EPS) plummeted to EGP 0.03 in Q1 2025 from EGP 0.44 a year earlier, while the net sales dropped to EGP 2.251 billion from EGP 2.282 billion.

In response to these financial challenges, Mohamed Omar El Damaty, Vice Chairman of Domty, stated that the company is implementing a comprehensive restructuring plan to align with the Board of Directors’ resolution to demerge the company into two listed entities.

As part of this strategy, Domty is working to reduce the number of receivable days in the wholesale sector, aiming to lower financial expenses and improve profitability.

Additionally, the company plans to more than double its marketing expenses throughout the year to facilitate the restructuring process and boost product turnover.

El Damaty expressed optimism about the future, anticipating gradual improvement starting in the second quarter and a return to normal levels by the end of Q3 2025, when the official company demerger is expected to be announced.

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