Earnings watch: CI Capital, Juhayna report 1Q19 results

EARNINGS WATCH- CI Capital Holding reported a 41% y-o-y increase in net profit after tax to EGP 115.5 mn in 1Q2019, according to the company’s earnings release (pdf). Revenues for the period came in at EGP 728.6 mn, up 34% y-o-y.

Juhayna Food Industries’ net profits dropped 11% y-o-y in 1Q2019 to EGP 72 mn, the company said in an EGX disclosure (pdf). Quarterly revenues rose 12% y-o-y to EGP 1.73 bn.