Egypt's Juhayna reports 23 pct drop in Q3 net profit
date:Nov 05, 2013
ign exchange losses of 4 million Egyptian pounds ($580,700).

Juhayna's net profit in the third quarter fell to 93 million pounds from 121 million pounds a year earlier.

Revenue rose by 4 percent to 876 million pounds, boosted in part by the company's new yogurt plant in Assiut contributing to a nine-percent rise in yogurt sales.

In the nine-month period through Sept. 30, Juhayna's net profit rose to 308.2 million Egyptian pounds, helped by higher revenue which rose to 2.49 billion pounds from
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05/21 07:18