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CPC profit skyrockets in Q1

CPC profit skyrockets in Q1

ArabFinance: Cairo Poultry Company posted a consolidated net profit before minority interest of EGP 51.854 million in quarter one (Q1) 2021, according to the company’s financial statements filed to the Egyptian Exchange.

This marked a Year on Year (YoY) rise of 302% when compared to EGP 12.902 million in Q1 2020.

Cairo Poultry distributed annual cash dividends of EGP 0.160 per share on May 20th.

CPC, a subsidiary of Kuwait Food Company, is an Egypt-based company that operates in the farming and food processing sectors.

The listed firm focuses on the breeding and fattening chicks, production of animal feed, and hatching of eggs, as well as participating in similar projects inside and outside Egypt.

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04 Oct 2021
United Housing & Development UNIT

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