}

Foodico’s profits plunge 27% YoY in 9 months

Updated 10/29/2026 10:17:00 AM
Foodico’s profits plunge 27% YoY in 9 months

Arab Finance: Ismailia National Food Industries (Foodico) (INFI) reported a 26.68% year-on-year (YoY) drop in net profit for the first nine months of 2026, according to the company’s financial statement filed to the Egyptian Exchange (EGX) on October 29.

The company recorded a net profit after tax of EGP 47.036 million in the nine months ended September, compared to EGP 64.155 million in the same period last year.

Net sales amounted to EGP 313.467 million in the first nine months of 2026, up from EGP 311.191 million in the corresponding period of 2025.

Foodico is an Egypt-based public shareholding company engaged in the food industry. The company exports its products to the UAE, Europe, the US, Canada, and Australia.

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