Juhayna reports sharp uptick in 3Q2018 profits

EARNINGS WATCH- Dairy products and juice producer Juhayna reported net profits of EGP 120 mn in 3Q2018 (+83% y-o-y) on revenues of EGP 1.9 bn (+15%), the company said in its earnings release (pdf). The company pointed to tight cost discipline as a key factor in its bottom-line performance.