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Misr Chemical Industries FY14/15 profits up 4.4%

Misr Chemical Industries FY14/15 profits up 4.4%
Photo Credit: Arabianeye-Reuters
Misr Chemical Industries
MICH
-0.08% 37.72 -0.03

Cairo-Mubasher: Misr Chemical Industries reported net profits of EGP 36.1 million ($4.6 million) for the fiscal year 2014/15, up 4.4% from EGP 34.6 million ($4.4 million) for the previous year.

Earlier, The chemicals producer unveiled its financial indicators for FY14/15, showing it posted an increase of 8% to EGP 37.3 million in net profits, compared with EGP 34.6 million a year earlier.

Misr Chemical Industries is capitalised at EGP 260 million, distributed across 65 million shares at EGP 4 par value each.