Juhayna Food Industries, one of Egypt's largest dairy product and juice makers, reported second-quarter net profit of E£65 million ($8.3 million), a 64 per cent increase from the same period last year.
Sodic, a leading real estate development company in Egypt, said it has handed over one of its buildings at its Polygon Business Park to Juhayna Food Industries.
The two home-grown Egyptian companies had last January signed a deal
Dairy and juice maker Juhayna Food Industries, which debuted on Egypt's stock exchange in June, more than tripled first-half net profit, the exchange said on Tuesday.
The firm, which carried out Egypt's first initial pub
Egyptian dairy and juice maker Juhayna Food Industries will launch its initial public offering on the bourse to raise its capital 1 billion Egyptian Pounds ($176.5 million), the firm said in a statement on Saturday.
The company's capit
Egyptian dairy and juice maker Juhayna Food Industries said on Wednesday it was still deciding whether to go ahead with its initial public offering (IPO) after a fire in one of its factories caused major losses.
The fire that broke out las
Egyptian dairy goods and juice maker Juhayna Food Industries is considering an initial public offering and is now working with investment bank EFG-Hermes in this regard, said a report
Juhayna is one of several firms considering an IPO on t