Arab Finance: A company announced Verkim Egypt for fertilizers and chemicals -(FERC)On the results of her work on the period ending in 31/12/2024And that showed a net profit achievement of 51.545 million pounds, compared to the company's achievement of a net profit of 51.372 million pounds during the same period in the previous year.
Verkim Egypt Fertilizer and Chemicals Company was established in 2001 with a capital of 35.1 million pounds as a leading Egyptian joint stock company in the mixed fertilizer industry. Phosphate fertilizers and melting fertilizers were added to help support and develop fertilizer and agriculture industry in Egypt. The company's factories and administration are located in Sadat City in Menoufia Governorate on an area of ​​land (33,000) square meters, and its board of directors is chaired by Eng. Abdel Salam Al -Jabali. Verkim Egypt is one of the first agricultural companies restricted to the Egyptian Stock Exchange (Nile Stock Exchange). The local market and export, where the factory production of mixed fertilizers is 100,000 tons annually, The company seeks to increase its production capacity to meet the increasing demand for its products.
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