Arab Finance: The Ordinary General Assembly of the company approved Misr Chemicals Industry (MICH)held on September 28, 2024, to distribute a coupon worth 4 pounds per share, authorizing the Board of Directors to determine the disbursement dates, according to statement Egyptian Stock Exchange.
Regarding the unaudited business results for the fiscal year ending on June 30, 2024, they showed achieving a net profit amounting to 668,500 million pounds, compared to profits amounting to 545.939 million pounds during the comparative period of the previous fiscal year, with a change rate of 22%, according to statement Egyptian Stock Exchange.
The company was established in 1959. The company's goal is to produce, sell, and trade all types of chemicals, such as caustic soda, chlorine gas, and hydrogen gas. The company's products are used in many industries, including spinning and weaving, detergents, mining, petrochemicals, medicines, pesticides, fertilizers, water purification, and electricity generation. The company also provides all services and consultations related to the technological and technical aspects of complementary activities related to the company’s activity.
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