Cairo – Mubasher: The consolidated net profits of Misr Fertilizers Production Company (Mopco) increased to EGP 4.79 billion in 2021, compared to EGP 2.48 billion in 2020, including minority shareholders' rights.

The company's revenues rose to EGP 10.25 billion in 2021 from EGP 7.33 billion in the earlier year, according to a bourse filing on Wednesday.

As for the standalone financials, the company reported net profits of EGP 1.54 billion last year, up from EGP 1.13 billion in 2020.

It is noteworthy to mention that in the first nine months (9M) of 2021, Mopco recorded unaudited standalone net profits of EGP 1.03 billion, up by 43% year-on-year (YoY) from EGP 725.14 million.