ArabFinance: Egyptian Financial and Industrial’s (EFIC) consolidated profits excluding minority interest increased to EGP 303.983 million in 2021, from EGP 126.946 million in 2020, according to financial statements filed to the Egyptian Exchange (EGX) on Monday.
The company’s standalone profits after taxes soared to EGP 208.719 million in 2021, from EGP 71.99 million in 2020, financial statements showed.
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.