Misr Fertilizers Production Company (MOPCO) reported a net profit of EGP 134.93 million for the three-month period ending in September(Q1 2025/26), surpassing its targeted profit of EGP 123.39 million.

However, 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 quarterly results follow a year of record performance in 2024, when MOPCO achieved EGP 19.65 billion in revenues and EGP 15.12 billion in net profits, marking a 153% increase compared to 2023.

During that year, MOPCO expanded its ammonia and urea exports with amounts of 48,000 tons and 947,000 tons, respectively. In addition, the company boosted production capacity at its MOPCO 3 plant in Damietta by 10% and is implementing several projects, including green ammonia production and CO₂ recovery.