Obour Land for Food Industries News - Mubasher Info
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01 April 08:13 PM

Obour Land for Food Industries (OLFI)

Last update: 02:26 PM market time.
20.93
0.12
0.58%
Open 20.81
Previous Close 20.81
High 21.00
Low 20.76
Stock Statistics
Volume 209,580
Turnover 4,387,513.00
All data are 15 minutes late during market session

News

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 …
Company News
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 …
Financial Results
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% …
Corporate Actions
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 …
Companies Investments
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 …
Financial Results
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, …
Financial Results
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 …
Cash Dividends
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 …
Cash Dividends
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 …
Financial Results
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 …
Banking and Finance
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 …
Financial Results
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 …
Corporate Actions
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 …
Financial Results
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 …
Companies Investments
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 …
Companies Investments
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 …
Cash Dividends
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 …
Financial Results
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 …
Financial Results
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 …
Stock Evaluations
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 …
Financial Results
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 …
Companies Investments
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 …
Companies Investments
Obour Land’s sales surged during the nine-month period to EGP 1.46 billion
7 November 2017 00:10 PM Obour Land profits surge 97% in Q3
Cairo – Mubasher: Obour Land for Food Industries on Tuesday announced a 96.5% year-on-year surge in profits in the third quarter of 2017. The dairy products company logged EGP 80.56 million in profits in Q3-17, a sharp rise from EGP 40.99 million …
Financial Results
This project will reduce production cost and affect its profits positively
9 October 2017 01:00 PM Obour Land to set up EGP 105-115m dairy project
Cairo – Mubasher: The board of Obour Land for Food Industries agreed on establishing a dairy production project with an estimated cost ranging between EGP 105 million and EGP 115 million.   This project which will be financed over three years, …
Companies Investments
(Photo credit: Arabianeye - Reuters)
16 May 2017 11:48 AM Obour Land Q1 profits up 53%
Cairo – Mubasher: Obour Land for Food Industries posted on Tuesday a rise of 53.4% in its profits for the first quarter of fiscal year 2017 to EGP 44.68 million, versus EGP 29.11 million for Q1-16. Sales increased in Q1-17 to EGP 343.2 million …
Financial Results