Home NewsEgypt News Egypt’s MOPCO net profit hits EGP 5.9 bln in ’23

Egypt’s MOPCO net profit hits EGP 5.9 bln in ’23

by Nada Ali

Egypt’s Misr Fertilizers Production Company (MOPCO) achieved a net profit of 5.97 billion Egyptian pounds in 2023, from 3.83 billion pounds in 2022, recording a 56 per cent increase, according to an EGX disclosure on Sunday.

MOPCO is the largest nitrogen fertiliser plant in Egypt, which was established in 1998. The company plans to become a centre of excellence and the largest producer and distributor of fertilisers in the Middle East by 2030.

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