Egyptian Chemical Industries (EGCH)

Cairo – Mubasher: The extraordinary general meeting (EGM) of Egyptian Chemical Industries (Kima) approved increasing the authorised, paid-up, and issued capital. The authorised capital will increase from EGP 8 billion to EGP 12 billion. Moreover, …

Cairo – Mubasher: Egyptian Chemical Industries (Kima) is expecting to achieve a net profit of EGP 821.13 million during the fiscal year (FY) 2024/2025. The company aims to generate EGP 6.72 billion in net sales in FY24/25, according to the …

Cairo – Mubasher: Egyptian Chemical Industries (Kima)posted net profits after tax worth EGP 513.61 million in the first half (H1) of fiscal year (FY) 2023/2024, down 15% year-on-year (YoY) from EGP 604.44 million. The revenues increased by 14% to …

Cairo – Mubasher: The net profits after tax of Egyptian Chemical Industries (Kima) hit EGP 350.46 million in the first quarter (Q1) of fiscal year (FY) 2023/2024. The recorded net profits were lower by 25% year-on-year (YoY) than EGP 471.22 …

Cairo – Mubasher: The extraordinary general meeting of Egyptian Chemical Industries (Kima) has approved the final price for the nitric acid and ammonium nitrate project with Technomont, according to a bourse disclosure. In accordance with the …

Cairo – Mubasher: Egyptian Chemical Industries (Kima) achieved net profits after tax standing at EGP 1.19 billion during fiscal year (FY) 2022/2023, up 83% year-on-year (YoY) from EGP 651.48 million. Basic earnings per share (EPS) hiked by 90% to …

Cairo – Mubasher: The net profits after tax of Egyptian Chemical Industries (Kima) stood at EGP 1.10 billion in the first nine months (9M) of fiscal year (FY) 2022/2023, an annual leap of 129% from EGP 481.94 million. Operating revenues jumped by …

Cairo – Mubasher: Egyptian Chemical Industries (Kima) witnessed an 82% hike in net profit after tax to EGP 604.44 million during the first half (H1) of fiscal year (FY) 2022/2023, versus EGP 331.23 million in H1-21/22. The revenues stood at EGP …

Cairo – Mubasher: The net profits of the Egyptian Chemical Industries (Kima) skyrocketed by 386% on an annual basis during the first quarter (Q1) of fiscal year (FY) 2022/2023 to EGP 471.22 million, compared to EGP 122.04 million. Sales of the …

Cairo – Mubasher: Egyptian Chemical Industries (Kima) turned to net profits of EGP 689.32 million during the period from July to June of fiscal year (FY) 2021/2022, against net losses of EGP 1.42 billion in the previous FY. The turn to profits was …

Cairo – Mubasher: Egyptian Chemical Industries (Kima) has approved to renew the operation and maintenance contract for the ammonia and urea plant with Italy-based Tecnimont for two years, effective on 25 June. Kima also renewed a contract with …

Cairo – Mubasher: Egyptian Chemical Industries (Kima) has recorded net profits after tax worth EGP 481.94 million in the first nine months (9M) of fiscal year (FY) 2021/2022, against net losses of EGP 1.01 billion in 9M-20/21. Revenues jumped by …

Cairo - Mubasher: A banking consortium, led by the National Bank of Egypt (NBE), has signed a long-term joint financing amendment contract worth EGP 7.20 billion with the Egyptian Chemical Industries (Kima), a subsidiary of Chemical Industries …

Cairo – Mubasher: The Egyptian Chemical Industries (Kima) plans to achieve net profits after tax worth EGP 426.41 million in fiscal year (FY) 2022/2023, compared to its target of EGP 177.85 million for FY21/22. The company also plans to generate …

Cairo – Mubasher: The unaudited financials of the Egyptian Chemical Industries (Kima) reported net profits of EGP 331.23 million in the first half (H1) of fiscal year (FY) 2021/2022, against net losses of EGP 631.26 million in the year-ago period. …

Cairo – Mubasher: The initial financial results for the Egyptian Chemical Industries (Kima) during the second quarter (Q2) of fiscal year (FY) 2021/2022 indicated a net profit of EGP 350 million, according to a bourse disclosure on Wednesday. Kima …

Cairo – Mubasher: Egyptian Chemical Industries (Kima) has achieved net profits of EGP 122.04 million in the first quarter (Q1) of fiscal year 2021/2022, against net losses of EGP 414.84 million in the year-ago period. The company generated …

Cairo – Mubasher: The Egyptian Exchange's (EGX) listing committee approved a decision to list the capital increase shares of the Egyptian Chemical Industries (Kima).  The company's issued capital will be increased by EGP 1.467 billion to EGP 5.93 …

Cairo – Mubasher: Egyptian Chemical Industries (Kima) incurred net losses of EGP 1.42 billion in fiscal year (FY) 2020/2021, up by 5.1% year-on-year (YoY) from EGP 1.35 billion a year earlier, the adjusted unaudited financial results showed. The …

Cairo – Mubasher: Egyptian Chemical Industries (Kima) said that the total number of subscribed shares reached 293.59 million, registering a coverage rate of 73.39%, according to a bourse disclosure on Sunday.  The first phase of the company's …

Cairo – Mubasher: Egyptian Chemical Industries (Kima) has exported about 157,000 tonnes of urea since the beginning of fiscal year (FY) 2021/2022. The company has entered new markets, including Eastern Africa, Romania, and Portugal, according to a …

Cairo – Mubasher: Egyptian Chemical Industries (Kima) announced that subscription to its issued capital raise was covered by 73.39%.  The company is raising its capital by EGP 2 billion to EGP 6.46 billion from EGP 4.46 billion through the …

Cairo – Mubasher: Egyptian Chemical Industries (Kima) reported net losses of EGP 1.33 billion in fiscal year (FY) 2020/2021, slightly down from EGP 1.35 billion a year earlier, the unaudited financial results showed.  The revenues surged to EGP …

Cairo – Mubasher: Egyptian Chemical Industries (Kima) has signed a memorandum of understanding (MoU) to restructure the joint loan for its Ammonia and Urea Fertilizers Plant, according to a statement on Wednesday. Kima’s existing loan stands at …

Cairo - Mubasher: Iron and Steel for Mines and Quarries signed a settlement deal with the Egyptian Chemical Industries (Kima) to end a dispute over a land plot in Aswan.  Under the deal, a 64,825-square-metre (sqm) land plot and a 10,000-sqm land …