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Arab Finance: Misr Fertilizers Production Company (MOPCO) posted a 63% year-on-year (YoY) plunge in net profits after tax during the first quarter (Q1) of 2025, according to a statement on May 11th.
The company’s net profits declined to EGP 2.813 billion in the three-month period ended March 31st from EGP 7.648 billion in the year-ago period.
On the other hand, sales climbed by 32% YoY to EGP 6.342 billion from EGP 4.797 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.
