Cairo – Mubasher: The net profits of Abu Qir Fertilizers jumped by 184.87% year-on-year (YoY) to EGP 6.96 billion in the first nine months (9M) of fiscal year (FY) 2021/2022 from EGP 2.44 billion, according to the company's initial financials.

The company's revenues reached EGP 12.04 billion in the July-March period of FY21/22, up 91.02% from EGP 6.30 billion in the year-ago period.

It is noteworthy to mention that in the first half (H1) of FY21/22, the net profits of Abu Qir Fertilizers increased to EGP 3.2 billion from EGP 1.49 billion in the same period of the earlier year.