Mopco sees $266.5mln block deal

The block deal was executed on 45.82mln of the company's shares

Staff Writer, Mubasher

April 12, 2022

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Cairo – Mubasher: The Egyptian Exchange (EGX) has announced a $266.55 million block trading deal on the shares of Misr Fertilizers Production Company (Mopco).

The block deal was executed on 45.82 million of the company's shares, according to a bourse filing on Tuesday.

It is noteworthy to mention that in 2021, the consolidated net profits of Mopco increased to EGP 4.79 billion, compared to EGP 2.48 billion in 2020, including minority shareholders' rights.

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