Juhayna's consolidated profits jumps to LE 113.6M in 3 months

CAIRO – 27 April 2020: Juhayna Food Industries’ consolidated profits hiked 60 percent during the first quarter (three months) of 2020, recording LE 113.62 million, compared to LE 71.14 million, including minority rights, during the same period of 2019.

The company's sales rose to LE 1.78 billion during January-March period of 2020, compared to LE 1.73 billion in the comparable period of last year.

As per standalone profits, the company’s profits fell to LE 95.88 million during the three months of 2020, compared to LE 137.25 million in the same period in 2018.

The company recorded consolidated profits of LE 328.76 million during 2019, compared to LE 406.09 million during 2018.

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.