Cairo – Mubasher: Misr Fertilizers Production’s (Mopco) consolidated net profit for fiscal year 2016 increased 129.3% to EGP 709.9 million, versus EGP 309.5 million for FY15.
Consolidated revenues jumped 284% to EGP 2.37 billion for 2016, compared to EGP 617.27 million for FY15, according to a bourse filing released on Tuesday.
Standalone profits amounted to EGP 2.53 billion in 2016, 896% up from EGP 254.4 million for FY15.
Foreign exchange earnings reached EGP 1.84 billion, said another statement.
