Cairo – Mubasher: The net profits of Misr Chemical Industries jumped to EGP 79.74 million in the five-months (5M) of fiscal year (FY) 2021/2022, compared to EGP 72.16 million during the same period of the earlier year.

The Egyptian listed company noted that the recorded net profits increased by 10.5% year-on-year (YoY), according to a bourse disclosure on Thursday.

It is worth noting that in the first quarter (Q1) of FY21/22, Misr Chemical Industries posted EGP 50.15 million, compared to EGP 41.88 million, up by 20% YoY.