Arab Finance: Kafr El Zayat Pesticides and Chemicals’ consolidated net profits after tax and non-controlling interests rose 74.89% year-on-year (YoY) in 2022, according to the financial statements sent to the bourse on February 21^st.

The firm has achieved net profits after tax and non-controlling interests amounting to EGP 127.225 million last year, from EGP 72.745 million in 2021.

Operating revenues hit EGP 1.562 billion in 2022, up from EGP 817.237 million in 2021.

For standalone businesses, Kafr El Zayat Pesticides and Chemicals’ net profits after tax was EGP 121.107 million in 2022, compared to EGP 70.819 million a year earlier.

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