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Cairo Poultry posts 5% profit growth for H1

Cairo Poultry posts 5% profit growth for H1
Photo Credit: Arabianeye-Reuters
Cairo Poultry
POUL
-7.13% 7.16 -0.55

Cairo-Mubasher: Cairo Poultry posted a 5% rise in net earnings for the first half of 2015.

Consolidated net earnings reached EGP 88.12 million, compared with EGP 84 million a year earlier.

Consolidated revenues amounted to EGP 1.1 billion, compared with EGP 1.2 billion in H1-14.

Standalone earnings dropped 47.27% year-on-year from EGP 231.2 million to EGP 121.9 million.