Juhayna: 9-Month Net Profit Soars 29.24%

Juhayna Food Industries – (JUFO.CA)’s 9-month consolidated financial statements revealed a growth in its net profit of 29.24%. Juhanya reported a net profit of EGP 240 million during the first nine months of 2012, compared to EGP 185 million a year earlier.

The firm’s net sales pushed up by 26% to EGP 2.108 billion during the first nine months of 2012. The gross profit rose by 36% to EGP 655 million.

Meanwhile, Juhayna’s standalone financial statements revealed a net profit of EGP 45 million during the first nine months of 2012, compared to EGP 19 million a year earlier.