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Abou Kir Fertilizers FY13/14 profit rises slightly to EGP1.4bln

Abou Kir Fertilizers FY13/14 profit rises slightly to EGP1.4bln
Abu Qir Fertilizers
ABUK
-2.97% 63.09 -1.93
Abou Kir Fertilizers Co. posted EGP 1.414 billion net profit for the fiscal year that ended on June 30, 2014, compared with EGP 1.407 billion a year earlier.
The company’s financial statements for the nine-month period that ended on March 31, 2014 had shown EGP800.3 million net profit, with a decline by 23% compared with EGP 1 billion in the same period a year earlier. H1-13/14 profit had netted EGP 578.34 million, compared with EGP 606.675 million net profit in the same period a year earlier. The company operates with issued and paid-in capital of EGP 1.3 billion, divided into 84.1 million shares at EGP 15 par value each.