Ferchem Misr for Fertilizers posted EGP 1.38 million in losses in the first quarter of 2015, against EGP 775,460 in profits for the same period of 2014.

The company's revenues recorded EGP 3.9 million in Q1-15, compared with EGP 9.54 million for Q1-14.

Ferchem is capitalised at EGP 30 million, distributed across 15 million shares at EGP 2 par value each.