Abu Qir Fertilizers and Chemicals Company reports earnings of EGP1,091mn in 1H16/17
Abu Qir Fertilizers and Chemicals Company [ABUK.CA] has just released its 1H16/17 financial highlights, with earnings up to EGP1,091mn compared to profit of EGP507mn in 1H15/16. Revenue came in at EGP2.283bn (+26% Y-o-Y), while gross profit came in at EGP686mn (+5% Y-o-Y). The company noted that the earnings included FX gains of EGP732mn. (Company disclosure)
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