SNG: Egypt: MOPCO reports 63% YoY profit drop in Q1

About this update from Misr Fertilizers Production Company Mopco

Staff WriterArab Finance: Misr Fertilizers Production Company (MOPCO) posted a 63% year-on-year (YoY) plunge in net profits after tax during the first quarter (Q1) of 2025, according to a statement on May 11th.The company’s net profits declined to EGP 2.813 billion in the three-month period ended March 31st from EGP 7.648 billion in the year-ago period.On the other hand, sales climbed by 32% YoY to EGP 6.342 billion from EGP 4.797 billion.MOPCO is an Egypt-based company that is engaged in the production, marketing, wholesaling, and distribution of fertilizers and petrochemical products. The company's various products include ammonia, urea, and nitrogen.© 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

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