Mansourah Poultry profit drops 98.6% in 2025 despite higher revenue

EGYPT – Egypt’s Mansourah Poultry Company reported a steep decline in annual earnings for 2025, with net profit attributable to shareholders falling to about US$0.04 million (EGP 2.05 million) from roughly US$3.05 million (EGP 152.72 million) a year earlier.

The results show a 98.65% year on year drop in profitability even as the company recorded higher sales over the same period.

Earnings per share also declined significantly to around US$0.00004 (EGP 0.0021), compared to approximately US$0.0032 (EGP 0.16) recorded at the end of 2024.

Revenue, however, increased to about US$17.2 million (EGP 856.99 million) in 2025, up from nearly US$15.2 million (EGP 755.48 million) in the previous year, reflecting continued sales growth despite the earnings contraction.

Prior year performance and expansion plans

This follows stronger performance in the 2024 financial year, when the company reported revenue of approximately US$15.8 million (EGP 788.5 million), representing a 50% increase compared to the previous year, alongside pre tax profit exceeding about US$3.9 million (EGP 193 million).

During that period, poultry trading generated around US$15 million (EGP 748 million), while poultry breeding brought in about US$9.4 million (EGP 468 million), marking a 28% increase, and chicken meat sales contributed roughly US$4.2 million (EGP 211 million), reflecting a 63% rise.

The company’s production capacity stood at about 2 million chickens annually, with distribution spanning more than 550 outlets, including major retail chains such as Carrefour, Spinneys, and Lulu Market.

Investment and outlook

In line with its growth strategy, Mansourah Poultry has allocated approximately US$2 million (EGP 100 million) toward developing a new farm in Nubaria aimed at increasing output to 4.8 million chickens per year.

Management had projected revenue to surpass about US$20 million (EGP 1 billion) by the end of 2025, although the latest financial results indicate a gap between sales growth and profitability.

As of the first quarter of 2026, the company continues to operate in an active market environment, with its market valuation estimated at around US$32 million (EGP 1.6 billion), while it also maintains a 90% owned subsidiary focused on fresh and frozen poultry products to expand its footprint.

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