Arab Finance: Cairo Poultry Company (CPC) (POUL) registered a 0.1% year-on-year (YoY) uptick in consolidated net profits attributable to the parent company in the first quarter (Q1) of 2024, amounting to EGP 547.693 million from EGP 547.362 million, a statement showed.

Consolidated operating revenue amounted to EGP 3.710 million from January until the end of June, with no revenues reported in the same period.

In terms of the standalone results, the firm recorded net profits after tax of EGP 67.359 million in the January-March period, down from EGP 70.609 million in the corresponding period of 2023.

Cairo Poultry is a leading integrated poultry company in the region. Its supply chain and operations cover all steps of the production cycle such as grandparents, parents, hatcheries, broilers, and processing. The company is now Egypt’s key player in the market for retail and value-added food sales offering chilled, frozen, and value-added products to individual and institutional clients alike.

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