HomeIndustry NewsArab Finance - International Fertilizer General Approval of free shares to increase...

Arab Finance – International Fertilizer General Approval of free shares to increase capital


Arab Finance: The regular general assembly decided International Fertilizers and Chemicals (ICFC)Held on 17-03-2025 Distribution of 98.55 million pounds to shareholders in free shares, according to Statement The Egyptian Stock Exchange.

And that is 0.73 free shares for each original shares with a total of 49.27 million free shares, as well as distributing free shares to increase the company's capital from 135 million pounds to 233.55 million pounds.

On the results of her business during the period from 01/01/2024 to 09/30/2024, a net profit was made. Assembly It amounted to 138,638,264 pounds, compared to the company’s achievement for a net profit of 125,108,078 pounds during the period from 01/07/2023 to 09/30/2023.

In the same context, the company achieved a net profit Independent For the period from 01/07/2024 to 09/30/2024, estimated at 13,236,699 pounds, a net profit for 124,276,753 pounds, during the comparative period of the previous fiscal year.

It is worth noting that net profits or losses of the year are calculated according to the share of the owners of the parent company.

The company was established in 1998 and its purpose is to trade in Fertilizer Agricultural fertilizers, seeds, agricultural seeds, pesticides, agricultural, grains, feed and raw materials, and marketing agricultural production requirements for others, as the company has gone through multiple development stages in its specialized activities to this time and is considered one of the major castles For fertilizers In Egypt and the Middle East, by the diversity of its activities and complexity throughout the Republic, as well as the Arab world, Africa and the company, the only Egyptian company specialized in marketing agricultural production requirements (fertilizers – pesticides – seeds – agricultural crops). “

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