رغم نقص المواد الخام وارتفاع التضخم.. شركات الأغذية المصرية تحقق طفرة في الأرباح
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00:00 A strong surge achieved by the profits of the top five food companies in the stock market during the first half of the year.
00:08 With more than 91%, the total profits of each of Edita, Juhaina, Dumty, Delta Sugar and Oporland grew.
00:16 They recorded a total of about 3 billion pounds during the first six months of the current year.
00:22 And it continued in the profit margins that it started despite the economic pressure of the loan.
00:28 Whether it's related to the significant increases in inflation rates or the increase in interest rates,
00:34 which exceeded the financial burdens of many companies.
00:38 "I think that the big surge always happens in the second quarter or the quarter that is in the month of Ramadan and the month of Eid.
00:45 I think that this is the main reason for the increase in profits of all companies.
00:51 In addition, most companies, of course, in the past four or six months, had very high prices, as in most companies in Egypt."
01:00 Despite the continuation of the crisis of foreign currency inflation and the increase in production costs,
01:05 experts expect that the positive performance of the food sector will continue during the second half of the year.
01:11 This is due to several factors, including the direction of some companies towards repeating high prices
01:17 that are in line with the inflation rates of the loan, in order to maintain their profit margins.
01:22 Among them was the company Juhayna Food Industries, which raised the prices of its products by a ratio of between 7 and 22.5%.
01:32 "We have repeatedly increased the prices of products, which will ensure the continuation of positive performance
01:39 and maintain the profit margins of companies with the continuation of the direct production costs.
01:45 This will contribute to the realization of growth rates in the financial system of these companies,
01:52 and will drive them to achieve high growth rates and expand their activities in the coming period."
01:58 Many food companies have spent a lot of money to escape the high inflation wave.
02:03 As a result, the increase in revenues was about 52% during the period from January to June,
02:09 to exceed 22.6 billion pounds, equivalent to 14.8 billion pounds during the same period last year.
02:18 "The food sector in Egypt is usually seen as one of the defense sectors that is able to deal with the current economic changes.
02:26 This is what explains the ability of many companies in this sector to continue to record profits,
02:32 despite the increase in inflation, the increase in costs and the decrease in purchasing power for citizens.
02:38 Yasin Al-Buharisi, BBC Arabia, Cairo
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