All Press Releases for August 18, 2020

Baladna MD Will Continue to Grow Our Product Portfolio

Shares of Qatari food and beverage maker Baladna have been on a tear this year



Baladna MD Will Continue to Grow Our Product Portfolio

    DOHA, QATAR, August 18, 2020 /24-7PressRelease/ -- Shares of Qatari food and beverage maker Baladna have been on a tear this year, surging 82% since their trading debut in December. The company reported a net profit of 84 million riyals in the first seven months of the year as it rapidly introduced new products like cheeses and juices. Managing Director Ramez Al-Khayyat spoke to Bloomberg's Simone Foxman, who asked how potential job losses and expat departures caused by the coronavirus could impact his business.

Baladna is a Qatari agricultural company that raises livestock and produces dairy products. It is Qatar's largest locally-owned food and dairy producer, supplying over 95% of the country's fresh dairy products.

Related Video: https://www.bloomberg.com/news/videos/2020-08-11/baladna-md-will-continue-to-grow-our-product-portfolio-video

# # #

Contact Information

Baladna Farms
Baladna
Doha
Qatar
Voice: +974 5000 1137
E-Mail: Email Us Here
Website: Visit Our Website
Follow Us: