HomeIndustry NewsArab Finance - Kafr El-Zayat doubles its profits by the end of...

Arab Finance – Kafr El-Zayat doubles its profits by the end of September 2024


Arab Finance: Company announced Kafr El-Zayat Pesticides and Chemicals (KZPC)announced the results of its business for the period from 01/01/2024 to 09/30/2024, which showed achieving a net profit. assembly It amounted to 286,980 million pounds, compared to the company achieving a net profit of 176,002 million pounds during the same period of the previous year.

In the same context, the company achieved a net profit independent For the period from 01/01/2024 to 09/30/2024, it was estimated at approximately 195.571 million pounds, compared to a net profit of 163.791 million pounds, during the comparative period of the previous fiscal year.

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

Kafr El-Zayat Pesticides and Chemicals Company was established in 1957 with the aim of manufacturing and processing some pesticides. It is considered the first company in Egypt specialized in producing many agricultural pesticides and public health products.

In 2004, Organic Biotechnology Company was established in 2004 in the first industrial zone in Noubaria to produce, manufacture, and manufacture biopesticides and agricultural fertilizers, in line with modern developments, and in line with the global trend of developing biopesticides and fertilizers.

In 2007, Kafr El-Zayat KZ Company was the first in Africa and the Middle East (MENA) to conduct experiments to produce herbicide compounds. New machines for liquid formulations have also been added. New laboratories have been equipped with all necessary equipment according to international quality standards.

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