Baladna MD Will Continue to Grow Our Product PortfolioAugust 15, 2020
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.
Source: Bloomberg Daybreak, Middle East >>