Arab Finance: Ferchem Masr for Fertilizers and Chemicals (FERC) logged net profits after tax worth EGP 51.545 million in 2024, up 0.33% year-on-year (YoY) from EGP 51.372 million, as per the financial results.
Earnings per share (EPS) maintained its value unchanged at EGP 2.66 in 2024.
The EGX-listed firm posted revenues amounting to EGP 691.440 million last year, versus EGP 508.927 million in 2023.
Established in 2001, Ferchem Masr is a joint stock company specialized in the manufacturing of agricultural fertilizers including urea, superphosphate, and other related products. It also exports to countries from Latin America, Africa and Europe.
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