CAIRO: Egyptian dairy and juice maker Juhayna Food Industries Co reported on Thursday a 17 percent drop in net profit for the first quarter to LE 50.1 million ($8.4 million) compared to a year earlier.
In a statement issued by the bourse, the firm said net profit in the first three months of 2010 was LE 60.2 million.
Juhayna, established in 1983, listed after an initial public offering in June 2010. Its activities span farming, manufacturing, logistics and supply chains, and distribution.
