The shares of the Cairo Poultry Company, which is running and trading on the Egypt Stock Exchange, increased by 3.06% during trading today, to circulate at 18.85 pounds per share, after achieving a jump with the annual results by 108.52%.
The trading on the Cairo poultry share at that time came through 1.97 million shares with a value of trading 36.86 million pounds.
The highest price per share was at that time at 19.05 pounds per share, while the lowest price for the share was at 18.11 pounds per share.
The price of the shares of the Cairo Poultry Company came after the announcement of the company’s financial statements for the past year, which showed an increase in the company’s profits by 108.52% on an annual basis.
The company explained that it achieved a net profit of 2.42 billion pounds in 2024, compared to 1.16 billion pounds in 2023, taking into account the rights of the minority.
The company also recorded revenues from contracts with customers during the past year about 14.77 billion pounds, compared to 11.78 billion pounds in 2023.
In terms of individual lists, the independent company turned into losses to record 6.78 million pounds in 2024, compared to 216.76 million pounds in 2023.
With regard to the first nine months of 2024, Cairo achieved a net profit of 1.83 billion pounds, compared to 1.13 billion pounds in the same period last year, taking into account the rights of minority.
The company’s revenues increased during the first nine months of this year to 10.65 billion pounds, compared to 8.54 billion pounds in the same period last year.
As for the unacceptable lists, the profits of the independent company decreased to 110.47 million pounds during the period from January to the end of September 2024, compared to 209.6 million pounds in the same period from 2023.
