Arab Finance: Misr Fertilizers Production Company (MOPCO) posted a 94.7% year-on-year (YoY) jump in net profits after tax during the first quarter (Q1) of 2024, according to a statement on May 26^th.

The company’s net profits surged to EGP 7.648 billion in the three-month period ended March 31st from EGP 3.928 billion in the year-ago period.

Meanwhile, sales climbed to EGP 4.797 billion from EGP 1.5 billion.

MOPCO is an Egypt-based company that is engaged in the production, marketing, wholesaling, and distribution of fertilizers and petrochemical products. The company's various products include ammonia, urea, and nitrogen.

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