Chemical producer Kima Egypt profit Q1 jumps to 17.4 mln pounds

Egyptian Chemical Industries Company’s (Kima) first-quarter net profit jumped to 17.4 million Egyptian pounds ($985,626), the company said Monday in a bourse filling.

Profit stood at 7.8 million pounds during the first quarter of 2016.

The company made sales worth 166 million, compared with 84.5 million last year.