October 14, 2024
Cairo Poultry Company (POUL.CA on the Egyptian Stock Exchange – EGX), is pleased to announce a broiler expansion project with a capital expenditure (CAPEX) of EGP181 mn. This strategic investment is set to enhance CPC’s broiler production capacity by adding an additional 2.6 million birds. The expansion will be financed internally, demonstrating CPC’s robust financial health and commitment to reinvesting in its growth. The project is expected to be fully operational within less than 12 months, after obtaining the required approvals, ensuring a swift enhancement of CPC’s capabilities to meet market demand.
Such project underscores CPC’c commitment to providing high-quality poultry products and meeting the growing needs of its customers. This investment will not only increase the production capacity but also contribute to the revenue growth and market share, strengthening the company’s position in the market. The new facilities will leverage state-of-the-art technology to ensure efficiency and sustainability in operations, aligning with CPC’s dedication to excellence and innovation in the poultry industry.