Juhayna’s net profits up in Q3 2017

CAIRO – 22 October 2017: Juhayna Food Industries’ consol net profit increased in the third quarter (Q3) of 2017 to LE 65.4 million, compared with LE 58.2 million in the same period last year, according to a statement sent to the Egyptian Exchange.

Net sales in this quarter reached LE 1.68 billon, compared with LE 1.26 billion last year.
However the company’s net profits dropped in the first nine months of 2017 to LE 150.9 million, versus LE 168.4 million last year.

Juhayna Food Industries is an Egypt-based public shareholding company that operates in the food processing industry sector.

The Company’s operations are structured into five business segments: Milk, Chilled Products, Juices, Concentrates and Agriculture.