{"id":569031,"date":"2020-02-11T04:23:39","date_gmt":"2020-02-11T04:23:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/juhayna-profits-fall-19-in-2019\/"},"modified":"2020-02-11T04:23:39","modified_gmt":"2020-02-11T04:23:39","slug":"juhayna-profits-fall-19-in-2019","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/juhayna-profits-fall-19-in-2019\/","title":{"rendered":"Juhayna profits fall 19% in 2019"},"content":{"rendered":"<p><strong>EARNINGS WATCH- Juhayna profits fall 19% in 2019:<\/strong> Juhayna Food Industries\u2019 profits fell 19% last year despite the company seeing a bump in revenue, <a href=\"https:\/\/www.egx.com.eg\/downloads\/Bulletins\/239566_1.pdf\">according to the company\u2019s earnings statement (pdf).<\/a> Net income at the dairy company fell to EGP 329 mn from EGP 406 mn in 2018 even as revenues rose 7% to hit EGP 7.6 bn. Quarterly profits fell 19% y-o-y in 4Q to reach EGP 38 mn, despite increasing revenue to EGP 1.8 bn, up 8% on the year.<\/p>\n<p><strong>NBK-Egypt reports net profits of <\/strong><strong>EGP 2.17 bn<\/strong><strong>:<\/strong> The National Bank of Kuwait\u2013Egypt announced profits of EGP 2.17 bn in 2019, up 8% from EGP 2 bn the previous year, <a href=\"https:\/\/www.egx.com.eg\/downloads\/Bulletins\/239557_2.pdf\">according to its earnings release (pdf).<\/a> The bank attributed the increase to rising revenues, which increased by 12% year-on-year to EGP 3 bn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EARNINGS WATCH- Juhayna profits fall 19% in 2019: Juhayna Food Industries\u2019 profits fell 19% last year despite the company seeing a bump in revenue, according to the company\u2019s earnings statement (pdf). Net income at the dairy company fell to EGP 329 mn from EGP 406 mn in 2018 even as revenues rose 7% to hit [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[4573,10258,302,68,72,564,1027,4574,3227,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-569031","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-diary","tag-disclosure","tag-earnings","tag-egx","tag-enterpriseam","tag-food","tag-juhayna","tag-juice","tag-national-bank-of-kuwait","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"155db2bd-be4f-45b4-86bc-ef9d787a1f81","is_powered_by":true,"section_story_id":"7d516919-c014-4ca0-80eb-af55172d83bd","story_type":"1","photo_url":"","photo_position":"above","related_issue":[569008],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Juhayna profits fall 19% in 2019 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/juhayna-profits-fall-19-in-2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Juhayna profits fall 19% in 2019\" \/>\n<meta property=\"og:description\" content=\"EARNINGS WATCH- Juhayna profits fall 19% in 2019: Juhayna Food Industries\u2019 profits fell 19% last year despite the company seeing a bump in revenue, according to the company\u2019s earnings statement (pdf). Net income at the dairy company fell to EGP 329 mn from EGP 406 mn in 2018 even as revenues rose 7% to hit [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/juhayna-profits-fall-19-in-2019\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-11T04:23:39+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/juhayna-profits-fall-19-in-2019\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/juhayna-profits-fall-19-in-2019\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Juhayna profits fall 19% in 2019\",\"datePublished\":\"2020-02-11T04:23:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/juhayna-profits-fall-19-in-2019\/\"},\"wordCount\":122,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Diary\",\"Disclosure\",\"earnings\",\"EGX\",\"EnterpriseAM\",\"food\",\"Juhayna\",\"Juice\",\"National Bank of Kuwait\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/juhayna-profits-fall-19-in-2019\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/juhayna-profits-fall-19-in-2019\/\",\"name\":\"Juhayna profits fall 19% in 2019 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-02-11T04:23:39+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/juhayna-profits-fall-19-in-2019\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/juhayna-profits-fall-19-in-2019\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/juhayna-profits-fall-19-in-2019\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Juhayna profits fall 19% in 2019\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Juhayna profits fall 19% in 2019 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/juhayna-profits-fall-19-in-2019\/","og_locale":"en_US","og_type":"article","og_title":"Juhayna profits fall 19% in 2019","og_description":"EARNINGS WATCH- Juhayna profits fall 19% in 2019: Juhayna Food Industries\u2019 profits fell 19% last year despite the company seeing a bump in revenue, according to the company\u2019s earnings statement (pdf). 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Revenues increased to EGP 1.8 bn during the period, a 25% y-o-y rise. Juhayna Food Industries\u2019\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600682,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/06\/earnings-watch-juhayna-net-profits-rise-4-in-4q2018-y-o-y\/","url_meta":{"origin":569031,"position":1},"title":"Earnings Watch: Juhayna net profits rise 4% in 4Q2018 y-o-y","author":"enterpriseam admin","date":"6 February 2019","format":false,"excerpt":"EARNINGS WATCH- Juhayna net profits rise 4% in 4Q2018 y-o-y: Juhayna Food Industries\u2019 net profits rose 4% y-o-y in 4Q2018 to EGP 49 mn, the company said in an EGX disclosure. Quarterly revenues rose 13% y-o-y to EGP 1.71 bn, bringing the company\u2019s total revenue for 2018 to EGP 7.1\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573438,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/05\/earnings-watch-centamin-mining-ezz-steel-juhayna-amer-group-mnhd-erc\/","url_meta":{"origin":569031,"position":2},"title":"Earnings Watch: Centamin Mining, Ezz Steel, Juhayna, Amer Group, MNHD, ERC","author":"enterpriseam admin","date":"5 August 2020","format":false,"excerpt":"EARNINGS WATCH- Centamin Mining pre-tax profits surge on rising gold prices, higher production: Centamin Mining\u2019s pre-tax profits soared by 221% during the first half of the year as the company ramped up production from its Sukari mine and gold prices rose. Pre-tax profits rose to USD 191 mn during the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":576177,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/12\/earnings-watch-raya-holding-allianz-egypt-prime-holding-al-baraka-domty-at-lease-eipico-national-bank-of-kuwait-mm-group\/","url_meta":{"origin":569031,"position":3},"title":"Earnings Watch: Raya Holding, Allianz Egypt, Prime Holding, Al Baraka, Domty, AT Lease, EIPICO, National Bank of Kuwait, MM Group","author":"enterpriseam admin","date":"12 November 2020","format":false,"excerpt":"EARNINGS WATCH- Raya Holding sees revenue growth and narrowing losses in 9M2020: Raya losses eased to EGP 53.6 mn during 9M2020 from EGP 58.1 mn a year earlier, according to a company earnings release (pdf). The company saw revenues reach EGP 7.56 bn in the first nine months of the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597730,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/earnings-watch-ci-capital-juhayna-report-1q19-results\/","url_meta":{"origin":569031,"position":4},"title":"Earnings watch: CI Capital, Juhayna report 1Q19 results","author":"enterpriseam admin","date":"2 May 2019","format":false,"excerpt":"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\u2019s earnings release (pdf). Revenues for the period came in at EGP 728.6 mn, up 34% y-o-y. 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