Daltex expects sales of EGP 1.05bn by end of 2017 - Daily News Egypt - News Summed Up

Daltex expects sales of EGP 1.05bn by end of 2017 - Daily News Egypt


Wadi Agricultural Development and Land Reclamation Company – Daltex expected its sales to reach EGP 1.05bn by the end of this year, compared to about EGP 900m in last year, benefiting from the increase in export revenues. The company also seeks to create a refrigerator to store agricultural products, with a production capacity of 10,000 tonnes in East of Ouyenat, in 2017. Al-Najjar pointed out that onion exports witnessed a significant decline in the last period of last season, affected by the decline in Indian market demands. The next season may see an increase in onion exports to India as the country suffered floods recently which may affect its agricultural production, said Al-Najjar. “We should rely on local inputs in production, increase productivity, reduce crop loss and raise quality of products,” he said.


Source: Daily News Egypt October 04, 2017 12:33 UTC



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