FILE – Juhayna
CAIRO – 27 October 2019: Juhayna Food Industries’ consolidated profitsdecreased 18.6 percent during the first nine months of 2019, recording LE 291 million, compared to LE 357.5 million, including minority rights, during the same period of 2018.
The company's sales rose to LE 5.7 billion during January-September period of 2019, compared to LE 5.4 billion in the comparable period of last year. During the third quarter of 2019, Juhayna recorded consolidated profits of LE 111.3 million, compared to LE 119.5 million during the same period of 2018.
As per standalone profits, the company accomplished profits of LE 126.3 million during the nine months of 2019, compared to LE 74.59 million in the same period in 2018.The company recorded consolidated profits of LE 108.89 million during the second half of 2019, compared to LE 158.5 million during the same quarter of 2018.
During the second half of 2019, Juhayna recorded consolidated profits of LE 179.64 million, compared to LE 238.42 million during the same period of 2018. During 2018, Juhayna recorded profits of LE 408.24 million, compared to profits of LE 197.7 million in 2017.
The company’s capital reached LE 941.4 million, distributed over 941.4 million shares at a nominal value of LE 1 per share.
Juhayna was established in 1995 and joined the Egyptian Exchange (EGX) in May 2010. It operates within the food, beverage and tobacco sector, focusing on packaged foods with six subsidiaries operating across Egypt.
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