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FINANCIAL NEWS
Egypt’s Luna Verde sells USD22m worth of products
08 Sep 2016
(MENAFN) Luna Verde, an agricultural export firm in Egypt sold USD22mn worth of products amid the last season ending in July, compared to USD20m by the end of 2015.Accordingly, almost 60 percent of the firm’s sales among last year were in the foreign market, whereas the rest came from the regional market.Meanwhile, the company plans to increase its sales in the coming season by 15-20 percent amid increasing exports.However, the firm does not depend of foreign markets only to achieve its annual target, since exports are subject to foreign market prices.
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