Misr Fertilizers Production Company (MOPCO) reported its financial statements for the July–September fiscal year (FY) 2025/2026, generating a net profit of EGP 134.93 million, according to a statement reported by the Egyptian Exchange (EGX). This represents a 13% drop compared to the net profit recorded in the same period a year earlier.
The company’s profit declined by 13 per cent when compared to the same period last year due to a drop in gross profit, resulting from lower operating revenues and higher costs, according to MOPCO’s statement to the Egyptian Exchange (EGX).
The company’s profit decline was attributed to a drop in gross profit, resulting from lower operating revenues and higher costs, according to MOPCO’s statement to the EGX. Despite the year-on-year drop, the reported net profit exceeded the targeted EGP 123.39 million.
For the nine months from January 1 to September 30, 2025, MOPCO reported a net profit of EGP 7.78 billion, down from EGP 11.56 billion in the same period of the previous year.
During Q3 2025, MOPCO sold 9,800 tons of urea in the local free market at an average price of $508 per ton (equivalent to EGP 24,900), which was higher than export prices. Noteworthy activity included a river shipment of 800 tons of urea fertilizer from Damietta Port to Toshka, a first for the company.
In parallel, MOPCO is developing a green ammonia production project in Damietta with an annual capacity of 150,000 tons. This facility is anticipated to come online by the first half of 2028, with output designated for export after fulfilling domestic needs.
The company’s quarterly results follow a year of record performance in 2024, when MOPCO achieved EGP 19.65 billion in revenues, marking a 153% increase compared to 2023.
