Cairo – Mubasher: Misr Fertilizers Production Company (Mopco) achieved consolidated net profits after tax, including minority interest, worth EGP 792.66 million in the first quarter (Q1) of 2021, an increase of 48.5% from EGP 533.61 million in Q1-20.

Earnings per share (EPS) stood at EGP 3.46 in Q1-21, compared to EGP 2.33 in Q1-20, according to a bourse filing on Wednesday.

Net sales amounted to EGP 1.99 billion during the first three months of 2021, higher by 10.5% than EGP 1.8 billion in the same period last year.

Mopco announced its Q1-21 standalone income statements last month, posting net profits of EGP 289.28 million, up 29% from EGP 224.65 million in Q1-20.