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Juhayna’s consolidated profits up 23% in 2021

The consolidated net profits of Juhayna Food Industries rose by 23% to EGP 526 million in 2021, compared to EGP 428 million in the earlier year.

The company generated revenues of EGP 8.8 billion last year, up 17% from EGP 7.4 billion in 2020, according to a bourse filing on Thursday.

Meanwhile, the company’s board has recommended a cash dividend distribution of EGP 188.28 million for 2021.