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Arab Finance – 15% decreased in Egypt's profits for the chemical industry at the end of March 2025


Arab FinanceThe results of the company showed the company Egypt Chemical Industry (MICH)Non -Achieved for the financial period ending in 31/03/2025, achieving a net profit of 428.267 million pounds, compared to profits of 506.545 million pounds during the corresponding period from the previous fiscal year, with a change rate of 15%, according to. Statement Issued by the Egyptian Stock Exchange.

On the approval of the Board of Directors held on 02/22/2025, the financial statements for the period from 01/07/2024 to 01/31/2025, which showed a profit achievement of 341.068 million pounds for a net profit of 308.667 million pounds for the same period in the previous year, according to Statement The Egyptian Stock Exchange.

The company was established in 1959 and the goal of the company is the production of all types of chemicals, their sale and trafficking in it, such as caustic soda, chlorine gas, and hydrogen gas, and the company's products enter into many industries, including spinning, weaving, detergents, mining, petrochemicals, medicines, pesticides, fertilizers, water purification and electricity generation. The company also provides all services and consultations related to technology and technical aspects of complementary activities related to the company's activity.

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