Egyptian Dairy Maker Invests 2.4B Pounds in Four Years
EGYPT - Egypt’s dairy and juices producer Juhayna for Food Industries says it injected investments estimated at 2.4 billion Egyptian pounds ($135.6 million) into the local market during the last four years.The company plans to its increase the efficiency of its production within 2017, associate director and external communication Passant Fouad told Amwal Al Ghad.
During the financial year 2016/2017, Juhayna has achieved profits worth 197.7 million pounds during up from 53.6 million pounds during in the financial year 2015/2016.
Sales rose to 6.06 billion pounds in 2017, compared with 4.9 billion pounds in 2016.
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