Cairo Poultry net profit rises to 316.1mn pounds in nine months

Cairo Poultry, an affiliate of Kuwait Food Company, reported Thursday an increase in its consolidated net profit to reach 316.1 million Egyptian pounds ($17.9 million) in nine months of 2017.

Earlier, profits stood at 148.8 million in nine months of 2016.

The company made sales worth 3.23 ‍​billion pounds higher from 1.91 ‍​billion last year.

 Source: Reuters

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