Latest in Tag: Juhayna Highlight
Latest in Tag: Juhayna
Juhayna records 30% y-o-y increase in net profit to EGP 428m in 2020
Companyâs net profit in Q4 2020 reaches EGP 45m, growing by 19%
Juhayna CEO detained for questioning, company shares fall around 11%
Juhayna for Food Industries (JUFO) has announced that its CEO and Vice-Chairperson Seif El-Din Thabet has been detained for questioning relating to the charges and ongoing investigations against the companyâs former Chairperson Safwan Ahmed Thabet.
Juhayna Food Industries launches new plant-based product line
It comes in line with companyâs innovation plan of introducing new premium products with high margins
Egyptâs Juhayna Food Industries operating normally despite Chairpersonâs arrest
Juhayna added that Vice Chairperson and Managing Director, Seif El-Dein Thabet, has all the necessary powers and capabilities to run the company’s business.
Juhayna reports 5.9% y-o-y decline in Q2 revenues
Juhaynaâs net profit in Q2 of 2020 grew 9.4% to EGP 118mn, despite capital losses of EGP 20m due to the sale of unutilised agricultural assets and reduction of agricultural land. The net profit margin increased by 0.9pps to reach 6.2%.
Juhayna intends to add âhigh-marginâ product segments in medium-term
Company to discontinue unprofitable production line, does not see need to impose price hikes in near future
Juhayna reports EGP 1.8bn revenues, EGP114 m net profit for Q1 2020
The highest contributors to the top line were the dairy and yoghurt segments, representing 55% and 20% of revenues in Q1 2020, respectively. Sales of dairy products reached EGP 980m, yoghurt sales accounted for EGP 361m, and juice sales accounted for EGP 316m.
Juhayna achieves EGP 2bn sales, 6% revenue growth in 3Q19
Companyâs muted sales growth reflected the overall pressure witnessed in F&B sector, says Pharos
Juhaynaâs net profit declines 24.6% in H1 of 2019
Corporateâs consolidated revenues see 8% y-o-y rise in this period
Juhayna renews partnership with Baheya Foundation for 2 yearsÂ
Baheya has been treating over 4,898 patients from breast cancer since 2015
Juhayna stock still attractive for investors despite earnings cut: report
Demand growth to be muted in short term on continuation of economic reforms
Juhayna studying setting up first biogas plant in industrial sector
Egyptian industrial sectorâs energy efficiency estimated at 57%: KhafagyÂ
Egyptâs consumer sector to fully recover by early 2019 as inflationary pressures ease
Market indicators suggest there was broad-based market slowdown in 2017
Juhayna profits increase 39% to EGP 81m
Company continuously strives to procure effective solutions to meet economic challenges, says CEO Juhayna for Food Industriesâ 2018 first quarter results illustrate an upswing in profits of 39% year-over-year to reach EGP 81m, while quarterly revenues rose 23%, reaching EGP 1.6bn. The company’s first-quarter profit was due to general economic recovery, following the adoption of …
Juhayna reports 39% hike in Q1 profits in dairy, yoghurt segment
Net profit margin increased to 5.2% compared to last yearâs 4.5%
Juhayna exports up 207% last year
2018 will see Egypt’s economy recover, economic reform fruits appeared in last quarter of 2017, says Thabet
Juhayna 2017 profits soar 268% as sales accelerate
Companyâs revenues climbed to EGP 6.06bn versus EGP 4.9bn in 2016
Juhayna succeeded in collecting EGP10m for Baheya Hospital within 5 days
As Juhayna had announced, donations collected for Baheya Hospital in the framework of Juhayna campaign launched earlier this year to support the hospital, which is only one dedicated for the early detection and treatment of breast cancer, reached EGP10m, after only five days only of launching the campaign. Juhaynaâs campaign had aimed to collect EGP19m …
EGP 19m to help thousands of cases waiting for cancer detection and treatment at Baheya Hospital.
Juhayna has launched a new campaign to support Baheya Hospital for early detection and treatment of breast cancer. The campaign aims at collecting EGP19m for the benefit of the hospital ahead of the Egyptian derby match between Al-Ahly and Al-Masri clubs, due to be played on 12 January in United Arab Emirates (UAE). Meanwhile, Juhayna …
Pharos recommends âequal-weightâ on Juhayna
The research firm said that Eastern Coâs still benefiting from low-cost dollar inventory
Juhayna attributes its EGP 1,684m revenues in Q3 to dairy, juice production
The growth of revenues during Q3 was mainly driven by an increase in the dairy and juice segmentsâ revenues, which climbed 21% and 18% y-o-y respectively in the first nine months of 2017, according to Juhaynaâs report
Juhayna seeks to reduce production costs through reducing waste
The company will adopt a Japanese model to lessen waste between 5-10 percent in 2017
Printing price on packaging violates free market policy and increases production cost: JuhaynaÂ
Governmental decisions are bold and necessary to reform the economy and put it on the right track: Thabet
Listing Safwan Sabet on terrorist list does not include the companies he is associated with: Juhayna board of directors
The company continues to operate; no impact on employees, government, and non-government trade
Dollar shortage crisis impacts Juhaynaâs expansion agreement with Arla Foods
The worsening dollar crisis, which began in 2015 and resulted in the dollar reaching as high as EGP 20, has lead to a reduction of benefits for Juhayna Food Industries from its partnership with European Arla Foods where the latter produces its products in the Egyptian market. According to an official source in Juhayna, the …
Juhayna to start manufacturing Arla products in December
The company targets to provide part of the production for foreign markets, after manufacturing through Juhayna’s production lines in 6th of October City
Juhayna reports 34% decline in Q3 net profits, despite increased sales
Higher costs due to the dollar shortage is the reason behind the drop in profits, says Juhaynaâs CEO
Reaching new heights: Juhayna teams up with Egyptian adventurer to develop Upper Egypt
Galal Zekra Shatila looks to climb the highest peak on all seven continents, starting with Mount Kilimanjaro
Seif el-Din firm on the throne of Juhayna
20% gradual increase on product costs in 2016 to compensate dollar inflation
Juhayna targets producing 30% of its own daily needs by end of 2018
The company aims to increase production by five times, to 250 tonnes, in the Mandesha farm in the Bahariya Oasis within two years, says head of the animal production sector Mohamed Obaid