Egypt for Chemical Industries targets 121 million pounds in profits in the 2022-2023 budget

 Egypt for Chemical Industries targets 121 million pounds in profits in the 2022-2023 budget

  The Board of Directors of the Misr Chemical Industries Company has approved the estimated budget for the next fiscal year 2022-2023. The company stated in a statement to the Egyptian Stock Exchange today, Sunday, that it aims to achieve a net profit of 121.04 million pounds during the next fiscal year. Egypt aims for the chemical industry to achieve sales of 456.8 million pounds during the fiscal year 2022-2023, and revenues of 484.53 million pounds during the same year. It is noteworthy that Egypt for the chemical industry recorded a net profit of 111.9 million pounds from the beginning of July until the end of last January, compared to 92.87 million pounds during the same period of the last fiscal year. To trade and invest in the Egyptian Stock Exchange, click here