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HomeIndustry NewsArab Finance - Kima’s profits fall to 70 million pounds during the...

Arab Finance – Kima’s profits fall to 70 million pounds during the fiscal year 2023-24


Arab Finance: Indicators revealed the company’s business results Egyptian Chemical Industries – KEMA (EGCH)unaudited for the fiscal year ending on 06/30/2024, achieving a net profit of 70.093 million pounds, compared to profits amounting to 1.150 billion pounds, during the comparative period of the previous fiscal year, according to statement Egyptian Stock Exchange.

About the unaudited results of its work for the financial period ending in 31/03/2024It showed a net profit of 102,208 million pounds, compared to a net profit of 1,105 billion pounds for the same period of the previous year, a decline of 90%.

The company was established in 1956, and its activities include the production of fertilizers, chemicals, ferrosilicon, pure aluminum nitrate, oxygen mobilization, and any other products related to or complementary to those products, and trading in them personally or by agency, and directing all financial or commercial operations related to them. The company may practice real estate activity with regard to selling, construction, or Participation, trading or renting with companies specialized in the field of real estate marketing “construction and building”.

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