Misr Fertilizers Production Company (MOPCO) [MFPC.CA] has announced its 3Q16 financial results, showing net profit of EGP81.3mn (+20% Y-o-Y). The company’s 9M16 earnings reached EGP459mn compared to EGP128.8mn in 9M15. Gross profit for 9M16 came in at EGP386mn vs. EGP119.48mn in 9M15. Revenues during the 9M16 period were reported at EGP693.8mn compared to EGP296.4mn during the same period in the year before. (Mubasher)
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