Egyptian chemical companies report first-quarter profits
Misr Chemical Industries posted EGP 182.1 million net profit for Q1, Memphis Pharmaceuticals EGP 158.1 million. Source: Reuters.
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what happened
Misr Chemical Industries reported first-quarter net profit after tax of EGP 182.1 million on revenue of EGP 337.2 million, according to Reuters. The company said higher prices for certain products and foreign exchange gains supported the result.
Another Egyptian firm, Memphis Pharmaceuticals and Chemical Industries, also reported for the same period, with net profit of EGP 158.1 million and revenue of EGP 489.7 million. Both reports were published on November 1, 2026.
why it matters
Quarterly results from smaller Egyptian companies usually attract a narrow group of investors. For the market, the bigger question is how currency revaluations and pricing changes feed into profits amid volatility in the Egyptian pound.
tags
instruments
sources
- Misr Chemical Industries Q1 Profit EGP 182.1 Million — Reuters, 1 November 2026 at 08:29 UTC
- Memphis Pharmaceuticals And Chemical Industries Q1 Profit EGP 158.1 Million — Reuters, 1 November 2026 at 08:28 UTC
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