Ferchem MASR’s profits climb 24.7% YoY in 2022

Updated 2/15/2023 10:26:00 AM
Ferchem MASR’s profits climb 24.7% YoY in 2022

Arab Finance: Ferchem MASR for Fertilizers and Chemicals reported net profits after tax amounting to EGP 33.164 million in 2022, up by 24.78% from EGP 26.578 million in 2021, according to the firm’s financial statement sent to the bourse on February 15th.

Revenues hit EGP 213.562 million last year, up from EGP 172.812 million a year earlier.

Founded in 2001, Ferchem MASR is a leading joint stock company specialized in blended fertilizers industry Phosphate and soluble fertilizers.

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