Pre-Trading Thoughts

JUFO 1Q22 financial indicators showing a YoY rise in revenues of 29.1% to settle at EGP2,403 mn. Bottom-line for the quarter reached EGP142 mn, +15.4% YoY. JUFO is currently trading at a FY22 P/E of 15.8x and an EV/EBITDA of 5.9x. EGCH released 3Q21/22 net profit after taxes recorded EGP151 million compared to EGP209 million recorded in 2Q21/22 and a net loss of EGP388 million in 3Q20/21. Sales for 3Q21/22 amounted to EGP1,004 million, compared to EGP1,129 million in the previous quarter and ...