Arab Finance: Company announced Ferchem Egypt for Fertilizers and Chemicals – (FERC)On the results of its operations for the financial period ending in 30/09/2024which showed achieving a net profit of 42.597 million pounds, compared to the company achieving a net profit of 29.734 million pounds during the same period of the previous year.
Ferchem Misr Fertilizers and Chemicals Company was established in 2001 with a capital of 35.1 million pounds as a leading Egyptian joint stock company in the blended fertilizer industry. Phosphate fertilizers and soluble fertilizers were added to help support and develop the fertilizer industry and agriculture in Egypt. The company's factories and management are located in Sadat City, Menoufia Governorate, on a land area of ​​(33,000) m2, and its Board of Directors is headed by Eng. Abdul Salam Al-Gabali. Ferchem Misr is one of the first agricultural companies listed on the Egyptian Stock Exchange (Nile Stock Exchange). The mixed fertilizer factory was established using the latest technological methods, to cover the needs of… The local and export market, as the factory’s production of mixed fertilizers reaches 100,000 tons annually, and the company seeks To increase its production capacity to meet the increasing demand for its products.
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