Juhayna 2Q16: Headline earnings fall 54% Y-o-Y despite solid top-line growth as FX issues take their toll
Net income: EGP29.9mn, -54% Y-o-Y, -63% Q-o-Q, -70% vs. EFGe Revenue: EGP1332.7mn, +21% Y-o-Y, +21% Q-o-Q, -1% vs. EFGe Gross profit: EGP376.9mn, -2% Y-o-Y, +5% Q-o-Q, -20% vs. EFGe EBIT: EGP88.2mn, -50% Y-o-Y, -37% Q-o
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