EGX decides to transfer trading of “Juhayna” to List (D)

CAIRO – 1 June 2021: The Egyptian Stock Exchange (EGX) announced the transfer of Juhayna Food Industries' trading to List D, to be effective from the beginning of the trading session on June 2, 2021.

EGX said in a statement Tuesday, that the Listing Committee had decided to transfer the trading of companies that did not send the financial statements ending on December 31, 2020, to the bourse before June 1, 2021, to list (D) as of the beginning of the trading session of June 2, 2021.

It clarified that this is due to the company's non-compliance with sending the financial statements for the fiscal year ending on December 31, 2020.

The company achieved profits amounting to LE 383.74 million during the first nine months of 2020, compared to profits of LE 291 million in the comparative period in 2019, including minority rights.

The company's sales increased during January-September period to LE 5.78 billion, compared to sales of LE 5.72 billion in the comparative period of 2019.

Juhayna operates within the food, beverage and tobacco sector, focusing on packaged foods with six subsidiaries operating across Egypt.