ZAWYA-SNG: Egypt: Abu Qir Fertilizers targets $184mln net profits before tax for 2026

About this update from Abou Kir Fertilizers & Chemical Industries Co.

First published: 02-Jan-2026 08:55:15Staff WriterCairo: The board members of Abu Qir Fertilizers and Chemical Industries Company approved the planned budget for 2026 during their meeting on 30 December 2025.The EGX-listed company intends to generate net profits before tax worth EGP 8.83 billion during 2026, according to a bourse filing.In the twelve-month period that will end on 31 December 2026, Abu Qir Fertilizers plans to achieve total revenues of EGP 26.16 billion.Furthermore, the company has set planned total expenses worth EGP 17.32 billion for this year.It is worth noting that in the extraordinary general meeting (EGM) held on 27 September 2025, the equityholders approved changing Abu Qir Fertilizers’ fiscal year (FY) to begin on 1 January and end on 31 December, instead of the July–June cycle.During the first quarter (Q1) of fiscal year (FY) 2025/2026, Abu Qir Fertilizers logged an annual increase of 1.98% in net profits after tax to EGP 1.30 billion, compared with EGP 1.28 billion in Q1 that ended on 30 September 2024.All Rights Reserved - Mubasher Info © 2005 - 2025 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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