Cairo – Misr Fertilizers Production Company (Mopco) recorded a 95% year-on-year (YoY) surge in net profit to EGP 7.64 billion in the first quarter (Q1) of 2024 from EGP 3.92 billion.

Sales skyrocketed by 220% to EGP 4.79 billion in Q1-24 from EGP 1.50 billion in Q1-23, according to unaudited financial results.

The earnings per share (EPS) leapt by 95% YoY to EGP 3.68 in the three-month period that ended on 31 March 2024 from EGP 1.89.

Mopco reported net profits of EGP 5.97 billion in 2023, an increase from EGP 3.83 billion in 2022.

All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (Syndigate.info).