Misr Chemical Industries posts 17% higher profits in H1-21/22

Cairo – Mubasher: The net profits of Misr Chemical Industries jumped by 17% year-on-year (YoY) to EGP 96.48 million in the first half (H1) of fiscal year (FY) 2021/2022 from EGP 82.26 million.

The company generated revenues of EGP 270.57 million in the July-December period in FY21/22, up 9% from EGP 248.64 million in the year-ago period, according to a bourse filing on Sunday.

It is noteworthy to mention that in the first quarter (Q1) of FY21/22, the company achieved net profits of EGP 50.15 million, up by 20% YoY from EGP 41.88 million.

Mubasher Contribution Time: 30-Jan-2022 09:32 (GMT)
Mubasher Last Update Time: 30-Jan-2022 09:32 (GMT)