Juhayna Food Industries - JUFO has announced its financial results for 9M2023, revealing a remarkable growth in net profit. The company's net profit surged by an impressive 85% year-on-year, reaching EGP 878 million for 9M23 compared to EGP 474 million for the same period in 2022. This translates to an Earnings Per Share of EGP 0.93, a significant increase from EGP 0.50 per share in 9M22.
Furthermore, 3Q2023 demonstrated progress for Juhayna Food Industries, with a 108% rise in net profit. The company reported a net profit of EGP 322 million for 3Q23, surpassing the EGP 155 million recorded in 3Q22.

*Prices as of 01/11/2023 session close
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