Cairo - Mubasher: Abu Qir Fertilizers Company generated 102% year-on-year (YoY) higher net profits at EGP 5.63 billion in the first quarter (Q1) of 2026.
The quarterly profits were compared with EGP 2.78 billion in Q1-25, according to the unaudited financial results.
Net sales hiked by 43% YoY to EGP 9.53 billion as of 31 March 2026 from EGP 6.64 billion.
Likewise, the earnings per share (EPS) increased to EGP 3.81 from EGP 1.89.
The company’s board agreed to implement a coated urea project with a production capacity of 400 tons per day.
