Cairo – Mubasher: Egyptian Chemical Industries (Kima) posted on Monday a growth of 83% in its profits for the first 10 months of fiscal year 2016-2017 to EGP 251.9 million, versus EGP 137.8 million for the same period last year.
Sales increased in the first 10 months of FY16/17 by 113% to EGP 487.4 million, compared to EGP 229.3 million for the same period of the previous year, a statement to the bourse said.
The company’s exports amounted to EGP 224 million in the first 10 months of FY16/17, versus EGP 113.8 million in the same period of FY15/16.
By 11:13am Cairo time, the stock rose 1.06% to EGP 5.74.
