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Obour Land for Food Industries (OLFI)

Last update: 20 February 02:00 PM market time.
0.00
-0.05
-0.89%
Open 5.55
Previous Close 5.60
High 5.55
Low 5.55
Stock Statistics
Volume 55
Turnover 305.25
All data are 15 minutes late during market session

News

The Egyptian company generated EGP 2.58 billion in sales
26 January 01:12 PM Obour Land logs EGP 295m profit in 2019; dividends proposed
Cairo – Mubasher: Obour Land for Food Industries posted a 24% year-on-year profit growth during 2019, the company’s consolidated financial statements showed. The company’s net profits hiked to EGP 295.28 million last year, compared to EGP 238 …
The company logged a net profit of EGP 240.58 million in nine months
15 December 2019 05:27 PM Obour Land eyes annual increase in exports to $5m over 3 yrs
Cairo – Mubasher: Obour Land for Food Industries aims to increase its exports to $5 million per year over the coming three years, with special focus on juice product.   This plan is part of the company’s efforts to expand in African countries, the …
The farm is expected to start production by the second half of 2020
2 December 2019 05:56 PM Obour Land plans to build EGP 255m dairy farm
By: Islam Fadl Cairo – Mubasher: Obour Land for Food Industries plans to build a dairy farm over an area of 44 feddans in Belbeis with investments worth EGP 255 million, the company’s vice chairman and CEO Ashraf Hamed said. The food manufacturer …
The firm invested EGP 600 million in the last four years
2 December 2019 02:08 PM Obour Land targets EGP 200m investments during FY19/20
Cairo – Mubasher: Obour Land for Food Industries plans to pump over EGP 200 million worth of investments during fiscal year 2019/2020 to develop the firm’s factories. The food and beverage company invested near EGP 600 million during the past four …
Photo Archive
3 November 2019 05:43 PM Obour Land profits rise 33% in 9M
Cairo – Mubasher: The consolidated financial statements of Obour Land for Food Industries (OLFI) showed a growth in profits by 33% during the first nine months of the year. Profits reached EGP 240.58 million, compared with EGP 180.2 million …
Obour Land's profit rose to EGP 127.26 million in H1
10 September 2019 05:57 PM Obour Land pens $8m deal to buy 3 production lines
Cairo – Mubasher: Obour Land for Food Industries signed a contract to purchase three high-tech production lines with investments of $8 million. The new white cheese production lines will be 20% financed from investments, while the remaining 80% …
The deal will support Obour Land’s presence in Egypt
10 September 2019 04:44 PM Catalyst Leasing inks EGP 135m deal with Obour Land
Cairo – Mubasher: Catalyst Leasing, a subsidiary of Catalyst Partners, has signed EGP 135 million contract with Obour Land for Food Industries, according to a statement released on Tuesday. Under the five-year leasing contract, Catalyst Leasing …
Sales grew to EGP 1.18 billion
25 August 2019 01:12 PM Obour Land posts EGP 127m profit in H1
Cairo – Mubasher: Obour Land for Food Industries posted a 10.4% year-on-year consolidated profit rise during the first half of 2019. Net profits increased to EGP 127.26 million in the January-June period of 2019, compared to EGP 115.18 million in …
Sales increased to EGP 575.82 million
15 May 2019 02:16 PM Obour Land’s profit rises 6% in Q1
Cairo – Mubasher: Obour Land for Food Industries reported a 5.53% year-on-year rise in its consolidated profits during the first quarter of 2019. The Egyptian firm’s net profits increased to EGP 53 million in the January-March period of this year, …
The OGM approved EGP 100 million dividends for FY14 and FY18
7 April 2019 02:30 PM Obour Land’s OGM nods to EGP 0.25/shr dividends for FY18
Cairo – Mubasher: Obour Land for Food Industries’ ordinary general meeting (OGM) has approved the board’s proposal of paying shareholders a cash dividend of EGP 0.25 per share for fiscal year 2018. Moreover, the OGM has agreed to distribute EGP …
The board has proposed the distribution of EGP 99.17 million for 2018
4 March 2019 04:07 PM Obour Land proposes EGP 100m dividends for 2 yrs
Cairo – Mubasher: Obour Land for Food Industries’ board of directors has recommended a cash dividend distribution of EGP 100 million, or EGP 0.25 piasters per share, for 2018 and 2014. The board has proposed the distribution of EGP 99.17 million …
Obour Land logs EGP 236.22m profit in 2018
4 March 2019 02:38 PM Obour Land logs EGP 236.22m profit in 2018
Cairo – Mubasher: Obour Land for Food Industries on Monday reported EGP 236.22 million in consolidated profits for fiscal year 2018, slightly down from EGP 243.19 million in 2017, including minority shareholders’ rights. The company’s sales grew …
EBRD offers $7m loan to Egypt’s Obour Land to support dairy sector
19 November 2018 07:58 PM EBRD offers $7m loan to Egypt’s Obour Land to support dairy sector
Cairo – Mubasher: The European Bank for Reconstruction and Development (EBRD) on Monday announced providing $7 million in financing to Egypt’s Obour Land. The Egypt-listed dairy firm will use the loan to finance its expansion, including the …
Sales hiked 16.4% year-on-year to EGP 1.7 billion from January to September 2018.
4 November 2018 00:10 PM Obour Land generates EGP 179m profit in 9M
Cairo – Mubasher: Obour Land for Food Industries on Sunday reported a 1.6% year-on-year increase in its consolidated profits for the first nine months of 2018, encouraged by the growth of its sales. The white cheese maker generated a profit of EGP …
Obour Land last reported a 19.1% year-on-year increase in consolidated profits for H1-18
10 September 2018 01:47 PM Obour Land EGM nods to EGP 200m capital hike
Cairo – Mubasher: The extraordinary general meeting (EGM) of Obour Land for Food Industries had agreed to raise the company’s issued capital to EGP 400 million from EGP 200 million by distributing bonus shares. The EGM has approved a capital …
Net amounted to EGP 114.37 million in the six-month period ended June
9 August 2018 01:59 PM Obour Land profits rise 19% in H1
Cairo – Mubasher: Obour Land for Food Industries on Thursday reported a 19.1% year-on-year increase in consolidated profits for the first half of 2018. Net amounted to EGP 114.37 million in the six-month period ended June, up from EGP 95.99 …
Obour Land denies exposure to UAE's Abraaj Capital
8 August 2018 07:18 PM Obour Land denies exposure to UAE's Abraaj Capital
Cairo – Mubasher: Obour Land for Food Industries (OLFI) has denied any relations with the UAE embattled company, Abraaj Capital, according to a company statement released on Wednesday.  Abraaj Group is now under a court-supervised liquidation …
Obour Land plans to boost its capital to around EGP 50 million
29 April 2018 01:54 PM Obour Land to invest EGP 200m in 3 yrs
Cairo – Mubasher: Obour Land for Food Industries is preparing a three-year strategic plan with EGP 200 million in investments. The Egyptian dairy producer aims to raise its market share in the domestic market, Obour Land said in a filing to the …
The OGM will also review the company’s financial statements
15 April 2018 11:50 AM Obour Land OGM nods to EGP 60m dividends for 2017
Cairo – Mubasher: The ordinary general meeting (OGM) of Obour Land for Food Industries has approved a cash dividend distribution of EGP 60 million, or 30 piasters per share, for 2017. The OGM will also review the company’s financial statements and …
Sales grew to EGP 2.06 billion during 2017
18 March 2018 02:48 PM Obour Land logs EGP 243m profit in 2017
Cairo – Mubasher: Obour Land for Food Industries on Sunday reported a 50% year-on-year surge in its consolidated profits during the full-year 2017, encouraged by the growth of sales. The white cheese maker generated profits worth EGP 243.19 …
Obour Land is seeking to expand its export market to Libya
13 March 2018 01:41 PM Obour Land eyes EGP 2.5bn sales in 2018
Cairo – Mubasher: Obour Land for Food Industries expected an 11% growth in sales by the end of this year to record EGP 2.5 billion. The Egyptian cheese producer is seeking to expand its export market to Libya, Obour Land said in a filing to the …
Obour Land is projected to record sales of EGP 2.64 billion in 2018
12 March 2018 03:42 PM Pharos maintains Obour Land’s FV at EGP26.15/shr, recommends Overweight
Cairo – Mubasher: Pharos Research has maintained their Overweight recommendation for Obour Land for Food Industries at a fair value (FV) of EGP 26.15 per share. Obour Land is projected to record sales of EGP 2.64 billion in 2018, earnings before …
The white cheese maker generated profits worth EGP 243.26 million last year
11 March 2018 01:38 PM Obour Land profit rises 50% in 2017
Cairo – Mubasher: Obour Land for Food Industries on Sunday reported a 50.17% year-on-year surge in unconsolidated profits for 2017. The white cheese maker generated profits worth EGP 243.26 million last year, versus EGP 161.99 million in profits …
Obour Land to self-finance agri-investment unit
23 November 2017 04:10 PM Obour Land to self-finance agri-investment unit
Cairo – Mubasher: Obour Land for Food Industries will finance its under construction subsidiary Obour Farm for agricultural investment from the company’s profits over the coming four years, the company said in a statement to the Egyptian Exchange …
Obour Land to set up EGP 50m Obour Farm
22 November 2017 03:39 PM Obour Land to set up EGP 50m livestock production unit
Cairo – Mubasher: Obour Land for Food Industries will establish a 98% owned subsidiary, Obour Farm for agricultural investment and livestock production, with an issued capital of EGP 50 million distributed over 50 million shares. The board of …