Misr Chemical Industries posts 38% higher profits in 9M

Cairo – Mubasher: The unaudited financial results of Misr Chemical Industries recorded a 38% year-on-year (YoY) rise in net profits to EGP 148.39 million in the first nine months (9M) of fiscal year (FY) 2021/2022 from EGP 107.55 million.

The company's revenues increased by 12% to EGP 399.09 million in the July-March period of FY21/22, compared to EGP 356.01 million in the year-ago period, according to a bourse filing on Thursday.

It is noteworthy to mention that in the first half (H1) of FY21/22, the net profits of Misr Chemical Industries jumped by 17% YoY to EGP 96.48 million from EGP 82.26 million.

Mubasher Contribution Time: 28-Apr-2022 09:10 (GMT)
Mubasher Last Update Time: 28-Apr-2022 09:11 (GMT)