KIMA’s Net Profit 74.4% Up; FY2011/12

Egyptian Chemical Industries – KIMA (EGCH.CA) reported Tuesday a net profit of EGP 129.643 million through the fiscal year of 2011/2012, 74.4% higher, compared to EGP 74.353 million a year earlier.

KIMA’s total financing investment has reached around EGP 1.616 billion during FY2011/12, compared to around EGP 357 million.

KIMA’s business results for FY2011/12 revealed a net profit after tax worth EGP 88.741 million, 102% higher than a year earlier EGP 43.945 million.