trending Market Intelligence /marketintelligence/en/news-insights/trending/NO4yVmG8SI7JjntOlLM5zw2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Cairo Poultry Q2 profit climbs 12.7% YOY

Podcast

Street Talk Episode 76: Record pace of fintech M&A, funding in Q1'21 has legs

Street Talk – Episode 76: Record pace of fintech M&A, funding in Q1'21 has legs

European Energy Insights February 2021

Blog

Banking Essentials Newsletter: May Edition


Cairo Poultry Q2 profit climbs 12.7% YOY

Cairo Poultry Co. S.A.E. said its second-quarter normalized net income was 34.7 million pounds, an increase of 12.7% from 30.8 million pounds in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin increased to 5.1% from 4.7% in the year-earlier period.

Total revenue increased on an annual basis to 683.2 million pounds from 651.6 million pounds, and total operating expenses grew year over year to 605.4 million pounds from 584.2 million pounds.

Reported net income grew 10.3% year over year to 54.7 million pounds, or 11 piastres per share, from 49.6 million pounds.

As of July 19, US$1 was equivalent to 8.88 Egyptian pounds.