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25-Oct-2016

Abu Qir reports net profit of EGP240mn in 1Q16/17

Abu Qir Fertilizers Company (ABUK) [ABUK.CA] has announced its 1Q16/17 financial highlights, showing net profit of EGP240mn (-18.81% Y-o-Y). The company’s 1Q16/17 gross profit came in at EGP311.18mn (-15.03% Y-o-Y), and operating profit at EGP302.49mn (-12.57% Y-o-Y). Revenues at 1Q16/17 were reported at EGP876.86mn (-7.55% Y-o-Y). (Company disclosure)

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