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Juhayna Food Industries reported a 50% year-on-year increase in net revenue to EGP 4.5 billion in Q3 2023 and a 43% increase to EGP 11.7 billion for the first nine months of 2023. The company achieved significant growth in net profit, reaching EGP 879 million in 9M23, an 85% increase year-on-year, driven by strong demand and effective cost management strategies. Despite challenges from inflation and rising raw material costs, Juhayna

Author

Fatma Ahmed

Language

EN