Cairo - Mubasher: Ferchem Misr for Fertilizers and Chemicals reported a net loss of EGP 5.34 million in the first half of 2016, against a net profit of around EGP 598,900 in the same period last year.

The company’s total revenues in H1-16 reached EGP 19.18 million, down from EGP 20.11 million in the first half of 2015.

The Fertilizers manufacturer also recorded a net loss of EGP 1.69 million in the first quarter of 2016.