Cairo – Mubasher: Juhayna Food Industries reported an increase of 64.6% in net profits for the fiscal year ended 31 December 2015.
The company’s profits stood at EGP 279.9 million in 2015, up from EGP 170.1 million a year earlier.
Revenues reached EGP 4.23 billion in 2015, compared with EGP 3.7 billion in the preceding year.
In the same vein, the company’s unconsolidated financial results have reflected net profits of EGP 264.5 million for 2015.
Juhayna, the leading manufacturer of dairy-based products, reported earlier net profits of EGP 218.6 million for the first nine months of 2015, up from EGP 136.773 million for the similar period of 2014.