Cairo—Egyptian Chemical Industries (KIMA) has restated its full-year net profit after tax at EGP 1.79 billion, according to a company disclosure cited by Reuters.

The company, listed on the Egyptian Exchange under EGCH.CA, is a major Egyptian producer of nitrogen-based fertilisers and chemical products. Its operations include the production of fertilisers and other chemical materials.

The restatement provides an updated measure of KIMA’s financial performance for the fiscal year and comes as Egypt’s fertiliser and broader chemical industries remain important contributors to the country’s industrial production and export base

 

Source: Reuters

Reporting: Reuters