Arab Finance: The Board of Directors of the company approved Misr Chemicals Industry (MICH)Held on 11/30/2024, business results indicators during the financial period from 07/1/2024 to 10/31/2024 revealed the achievement of a net profit of 217.961 million pounds, compared to a net profit of 193.86 million pounds during the comparative period of the previous fiscal year. According to the Egyptian Stock Exchange statement.
She added that this increase is due to the increase in product selling prices as well as the growth in financial investment revenues.
It is worth noting that it was decided to distribute Coupon No. (62) at 4,000 pounds per share, as of 11/28/2024, and thus the right to distribute is transferred to the share buyer until the end of the session on Monday 11/25/2024, according to what the company stated in Her statement Sent to the 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.
Related news
