Misr Chemical eyes profit of EGP 100M

ArabFinance:  Misr Chemical Industries Company (MICH) targeted a net profit of EGP 100 million for the fiscal year (FY) 2021/2022, according to the company’s March 10th statement to the Egyptian Exchange.

In 2019/2020, the company posted a net profit of EGP 64 million.

It’s worth mentioning that Misr Chemical has targeted revenues of EGP 426 million ending June 2022.

The company’s manufacturing plant produces a range of chemical products including liquid caustic soda, caustic soda flakes, liquid chlorine, hydrochloric acid, and bleaching powder.


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