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Edita raises prices of Molto products

Edita Food Industries announced a price increase for its Molto products, according to a bourse disclosure on Monday.

The prices of Molto products priced at EGP 2 per pack will be increased to EGP 3, while those priced at EGP 3 per pack will be increased to EGP 4.

In the meantime, the prices of Molto products priced at EGP 5 per pack will remain unchanged.

The price increases will help the company enhance its profitability amid the global inflationary pressures and higher commodity prices.