Cairo Poultry

CPC, a subsidiary of Kuwait Food Co., operates in the farming & food processing sectors. The Company.s operations are divided into four main divisions, namely Poultry Processing, Broilers, Feed Production & Trading, produces chicken feed made of yellow corn, soya meal and premix concentrates, and Starch and Glucose, manufactures starch and glucose as main products, and corn oil and animal feed as by-products. The Company operates through its subsidiaries and affiliated companies, which includes New Cairo Poultry Co., Cairo Poultry Processing, Misr Grand Parents Co, Wadi Al Natron for Grand Parent Co., Wadi Al Natron for Broilers Production Co, Cairo for Oil Extraction & Cairo Grand Parents Co..
Financial Performance:
In its 1Q11 results, CPC posted a 3.2% decline in net profit to EGP47.8mn vs. 49.4 in 1Q10. The Co. announced the decline in sales came on the back of lower January./Feb. revenues and higher expenses during and following the 18-day Egyptian uprising. Chick and Feed sales declined 25% and 13%, respectively in January. .