Abu Qir participates in the 28th International Fertilizer Forum.
The largest fertilizer companies in Egypt, “Abu Qir” Fertilizers, participated in At the International Fertilizers Forum 06 Next to the companies of Arab and foreign countries and the competing Egyptian companies
Engineer Saad Abu Al-Maati said on the sidelines of its opening and the heads of major fertilizer companies The exhibition accompanying the forum, and the company’s pavilion, that Abu Qir Fertilizers Company achieved outstanding results during the first half of the current fiscal year 2021/2022 Abu Al-Maati revealed to “Businessmen
that the financial indicators of the Abu Qir Fertilizers Company indicate that the company achieved activity revenues. 6.2 billion pounds during the first half of the current fiscal year 2021/2022 compared to activity revenues of 4 billion pounds for the same period, an increase of 55%.2914979
Profits before tax amounted to 4.1 billion EGP 1.7 billion during the same period, an increase of 135%.2914979 Abu Al-Maati added that the company achieved a net profit after tax of 3.2 billion pounds, compared to 1.5 billion pounds during the same period, an increase of 115% 291497942305 This is with the company’s full commitment to implement what was stated in the Cabinet’s decision to hand over to agricultural associations / the Ministry of Agriculture 55% of the company’s entire production at the prices set by the state (subsidized prices) In addition to selling 10% of the company’s production to the local market at free prices, and the rest for export. Abu Al-Maati attributed the reason to me The wise policy pursued by the company’s management in the proper and safe operation, the periodic maintenance of equipment, the continuous replacement and renewal of the factories, which led to raising the maximum production capacity of the factories, along with the diversity of products and the improvement in export prices, in addition to the company’s management adopting a flexible marketing policy that led to export to most countries of the world at competitive prices. In addition to managing the company’s financial portfolio in a professional and economic manner that led to achieving returns from Distinction in addition to converting the company to digital, which in turn led to the provisions of oversight
•• Photography: Salah Salem ••
