ArabFinance: Egyptian Financial & Industrial (EFIC) reported a consolidated net profit of EGP 75.61 million in the first half (H1) of 2021, compared to net profit of EGP 41.11 million in H1 2020, according to the company’s financial statements filed to the Egyptian Exchange (EGX).
Meanwhile, the company achieved a standalone net profit of EGP 37.39 million in H1 2021, compared to profits of EGP 10.73 million in the same period of 2020.
EFIC is an Egypt-based company involved in the production and marketing of agricultural chemicals. The company focuses on the production and distribution of chemical resources and agricultural fertilizers, as well as the production of plastic and general bags to fill up its products.