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Profits of "Kima" jump to 1.2 billion Egyptian pounds during 2022-2023

The financial indicators of the Egyptian Chemical Industries Company - Kima, during the past fiscal year 2022-2023, showed an increase in the company's profits by 82.6%, on an annual basis.

The company stated, in a statement to the Egyptian Stock Exchange, today, that it achieved profits amounting to 1.19 billion pounds during the period from July 2022 to June 2023, compared to profits amounting to 651.48 million pounds in the previous fiscal year.

The company's revenues rose during the last fiscal year to 6.61 billion pounds, compared to revenues of 4.44 billion pounds in the comparative period of the last fiscal year.

And the Egyptian Chemical Industries - Kima, achieved a net profit of 1.1 billion pounds during the period from July to March 2023, compared to profits of 481.94 million pounds in the comparative period of the last fiscal year.

The company's revenues rose during the nine months to 5.13 billion pounds, compared to 3.12 billion pounds in the comparative period of the last fiscal year.