Table of Contents
Key Points
- Juhayna’s Q1 2025 profit rose 34% to $13 million, driven by Ramadan-fueled demand, volume growth in dairy and juice, and strategic pricing across categories.
- A major internal merger added $24.05 million to gross profit, with export revenues hitting $12.04 million despite FX and pricing challenges.
- Juhayna’s assets climbed 17% to $318.67 million, while capital investments and expansion pushed net debt to $53.8 million amid long-term growth prospects.
Juhayna Food Industries, a prominent Egyptian dairy, juice, and cooking product manufacturer founded by Egyptian businessman Safwan Thabet, began 2025 on a strong note—posting a net profit reaching $13 million in the first quarter.
The double-digit year-on-year surge from less than $10 million achieved in the prior quarter was fueled by robust volume gains across core segments, successful product innovations, and strategic business expansion. Juhayna’s ability to sustain profitability amid macroeconomic pressures underscores its operational resilience and growing influence in the North African consumer goods market.
Revenue up 25% amid Ramadan-fueled demand
The company’s recently released financial results reveal a substantial profit increase of 34 percent, soaring from EGP479 million ($9.6 million) in the first quarter of 2024 to EGP642 million ($12.87 million) in the same period of 2025.
Revenue rose 25 percent from EGP5.44 billion ($108.92 million) to EGP6.8 billion ($140.7 million), fueled by increased consumer demand during Ramadan, double-digit volume growth across dairy, fermented, and juice segments, and selective price adjustments. Despite economic volatility and FX headwinds, Juhayna’s diverse product portfolio and brand strength helped sustain solid operating margins.
Merger boosts scale and export momentum
The recent merger of subsidiaries into the parent company, finalized in February, added EGP1.2 billion ($24.05 million) to gross profit and contributed significantly to Q1 figures. Exports brought in EGP601 million ($12.04 million), supported by rising finished product sales, while the company strategically delayed concentrate exports due to global price pressures.
Juhayna’s net debt increased to EGP2.6 billion ($53.8 million) to fund its long-term growth strategy, including EGP716 million ($14.8 million) invested in farming, manufacturing, and distribution. With a solid governance framework and market recovery underway, Juhayna remains optimistic about expanding its global footprint and deepening ties with Egyptian consumers.
Strategic leadership drives Juhayna’s growth
Founded over four decades ago by prominent Egyptian businessman Safwan Thabet, Juhayna has grown into a flagship consumer goods company specializing in dairy, juice, and cooking products. Thabet retains a controlling 50.07 percent stake in the company through Pharon Investments Limited.
Juhayna’s total assets climbed by 17 percent to EGP15.9 billion ($318.67 million), reflecting robust balance sheet expansion. However, retained earnings dipped by 26.11 percent year-on-year, falling from EGP4.32 billion ($86.66 million) to EGP3.2 billion ($64.02 million), partly reflecting ongoing capital investments.
Today, Juhayna operates four fully integrated manufacturing facilities and a vast distribution network that supplies over 243,000 retail outlets across Egypt. Its 6,500-feddan fully-owned dairy farm meets a significant share of the company’s raw milk needs, reinforcing its vertically integrated model and commitment to high-quality, locally produced goods.
