Cairo – Mubasher: Misr Chemical Industries posted 6.7% growth in net profits for the nine-month period ended 31 March to EGP 25.4 million ($3.3 million), compared with EGP 23.8 million ($3.1 million) in the same period a year earlier, the company said in a bourse filing Sunday.

The chemical producer added that it’s targeting EGP 35 million in net profits for the fiscal year 2015/2016.

The company posted EGP 14.7 million in net profits for H1-14/15, a drop of 39.5% year-over-year compared with EGP 24.3 million.