ArabFinance: Misr Fertilizers Production Company (MOPCO) (MFPC) posted a consolidated net profit before minority interest of EGP 792.666 million in quarter one (Q1) 2021, according to the companys financial statements filed to the Egyptian Exchange.

This marked a Year on Year (YoY) rise of 49% when compared to EGP 533.616 million in Q1 2020.

MOPCO posted a standalone net profit of EGP 289.289 million in Q1 2021.

The listed company distributed annual cash dividends of EGP 3.5 per share on April 31st.

MOPCO, formerly Misr Oil Processing company, is an Egypt-based company that is engaged in the production, marketing, wholesaling, and distributing of fertilizers and petrochemical products. The company's various products include ammonia, urea, and nitrogen

Copyright 2021 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an as is and as available basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.