Home Tech/AIIndustry & Trade Chemical producer Kima Egypt profit Q1 jumps to 17.4 mln pounds

Chemical producer Kima Egypt profit Q1 jumps to 17.4 mln pounds

by Yomna Yasser

Egyptian Chemical Industries Company’s (Kima) first-quarter net profit jumped to 17.4 million Egyptian pounds ($985,626), the company said Monday in a bourse filling.

Profit stood at 7.8 million pounds during the first quarter of 2016.

The company made sales worth 166 million, compared with 84.5 million last year.

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