Arab Finance: Ferchem Masr for Fertilizers and Chemicals reported a 70.09% year-on-year (YoY) decline in net profit during the first nine months of 2026, according to financial statements filed to the Egyptian Exchange (EGX) on November 12.
The company recorded a net profit of EGP 600.974 million from January through September 2026, compared to EGP 2.009 billion in the same period of 2025.
Sales declined to EGP 7.245 billion during the nine-month period, down from EGP 7.466 billion a year earlier.
Established in 2001, Ferchem Masr is a joint-stock company specialized in the manufacturing of agricultural fertilizers, including urea, superphosphate, and other related products. It also exports to countries in Latin America, Africa, and Europe.