Ferkim Egypt Fertilizers drops 63%

Virkem Egypt for Pharmaceuticals and Ingredients reported a 63.2% decline in profits for the first half of 2026, with net profits reaching 510.45 million Egyptian pounds, compared to 1.38 billion pounds in the same period of the previous year. Revenues also decreased to 4.14 billion pounds from 4.54 billion pounds. This reflects negative impacts on the company's performance, with profits and revenues continuing to decline during this period.

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