Arab Finance: Samad Misr’s consolidated net profits after tax profits skyrocketed 466.38% year-on-year (YoY) in 2022, hitting EGP 7.11 million from EGP 1.25 million, according to the consolidated financial statement issued on February 13^th.

Net sales amounted to EGP 264.725 million in 2022, compared with EGP 63.719 million a year earlier.

Standalone net profits after tax reached EGP 7.521 million in 2022, up from EGP 543,257 in 2021.

Samad Misr also known as Egyfert is an Egyptian joint stock company, incorporated in 1997. Egyfert is headquartered in Giza and it is specialized in the production, distribution and trading of fertilizers, and agrochemicals, seeds, animal feed and raw materials.

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