Arab Finance: Egyptian Chemical Industries’ (Kima) ordinary general meeting (OGM) approved the estimated budget for fiscal year (FY) 2025/26, targeting net profits of EGP 1.36 billion, according to a bourse filing.
Kima aims to log revenues amounting to EGP 9.53 billion, compared to EGP 6.53 billion in FY2024/25.
The company posted 89.10% year-on-year (YoY) higher net profits after tax at EGP 38.171 million in the first quarter (Q1) of FY2024/25, versus EGP 350.468 million.
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