18 December 2020
In the 10th place on the list of the most profitable food industries in Greece listed the food producer of deep frozen products M. ARABATZIS SA - HELLENIC DOUGH.
According to a nationwide survey by New Times among 3,300 companies in Greece, M. ARABATZIS SA - HELLENIC DOUGH, increased its turnover by 10% in 2019 compared to 2018, from 75.35 million Euro to 83.10 million Euro, while its net profit increased by 4% from 9.96 million Euro in 2018 to 10.36 million Euro in 2019.The company operates with a sound financial structure, as it managed to increase its own equity by 11% to 54.4 million Euro. The improvement in the company’s financial performance was combined with the continuation of its investment plan and focusing on the financing important social contribution programs (CSR),during the pandemic period.
