{"id":621042,"date":"2024-05-30T00:00:00","date_gmt":"2024-05-30T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/30\/cairo-poultry-sees-revenues-rise-23-in-1q\/"},"modified":"2024-05-30T00:00:00","modified_gmt":"2024-05-30T00:00:00","slug":"cairo-poultry-sees-revenues-rise-23-in-1q","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/30\/cairo-poultry-sees-revenues-rise-23-in-1q\/","title":{"rendered":"Cairo Poultry sees revenues rise 23% in 1Q"},"content":{"rendered":"

Cairo Poultry saw its top line jump 23.2% y-o-y in 1Q 2024 <\/strong>to EGP 3.4 bn, \u201cdriven by increased prices across all products, highlighting the company's resilience in the face of supply and demand challenges caused by foreign currency shortage,\u201d according to its latest earnings release (pdf)<\/a>. The company\u2019s bottom line remained unchanged y-o-y at a record EGP 555.4 mn, matching last year\u2019s record high. <\/p>\n

What they said:<\/strong> \u201cDespite challenging market conditions and constrained consumer spending power, the company continues to demonstrate robust performance,\u201d the statement read. \u201cThe company's fully integrated operations provide a buffer against market fluctuations.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

The company\u2019s bottom line remained unchanged y-o-y<\/p>\n","protected":false},"author":1,"featured_media":621043,"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":[7208],"tags":[8618,302,409,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-watch","tag-cairo-poultry-company","tag-earnings","tag-earnings-watch","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"0170ef7a-c613-4bb8-b6eb-9a8f6005da6b","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/5\/2488.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Cairo Poultry sees revenues rise 23% in 1Q","related_issue":[621026],"teaser":"The company\u2019s bottom line remained unchanged y-o-y","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.1e77035d-772a-46b1-bba1-132103ba1363.mp3"},"yoast_head":"\nCairo Poultry sees revenues rise 23% in 1Q - 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