Ismailia National Food Industries (Foodico) recorded a 32.87% year-on-year (YoY) increase in net profit after tax during the first quarter of 2025, according to its audited financial results.
The company posted net profits of approximately USD 884,000 in Q1 2025, up from USD 665,000 in the same period last year.
Net sales reached around USD 2.56 million for the three months ending March 31, 2025, compared to USD 1.63 million in Q1 2024.
Foodico, headquartered in Egypt, operates in the food manufacturing sector. Its activities include the production and processing of vegetables, fruits, and agricultural goods—ranging from juices and beverages to the freezing, canning, and drying of produce and legumes.
Source: Arab Finance
