Al-Shams Agro Group expects to double its sales by the end of this year to reach EGP 100m compared to EGP 52m sales of 2016. According to the managing director of the group, Zakaria Shams, the group achieved a 10.6% growth in sales over the past year, rising to EGP 52m against EGP 47m in 2015. He added that the group has established a juice factory only four years ago but has not yet reached the maximum production capacity. The factory has a maximum production capacity of 8,000 tonnes of sauce paste, 10,000 tonnes of guava concentrates, 3,000 tonnes of mangoes and 4,000 tonnes of oranges. Shams said the group will inject new investments during the coming period and will take advantage of the production capacity of the current plant in full.

Source: Daily News Egypt October 04, 2017 10:52 UTC