Abu Qir Fertilizers and Chemical Industries posted an unaudited internet revenue after tax of EGP 5.63 billion through the first quarter (Q1) of 2026, marking 102% year-on-year (YoY). These outcomes have been disclosed within the firm’s unaudited monetary assertion submitted to the Egyptian Change (EGX) following its board of administrators assembly held on April 29.
The corporate’s revenues from its foremost exercise grew by 43% YoY to hit EGP 9.53 billion throughout Q1 2026. This top-line enlargement displays a 56% surge in gross revenue, which climbed to EGP 5.18 billion, bringing the gross revenue margin to 54.36% in comparison with 49.97% within the earlier yr.
In the meantime, working revenue, outlined as internet revenue earlier than tax from persevering with actions, escalated by 58% YoY to succeed in EGP 4.42 billion. Web revenue earlier than tax established a 105% YoY development to succeed in EGP 7.20 billion.
Abu Qir Fertilizers attributed the rise in internet revenue primarily to the continual operation of its vegetation, supported by steady pure fuel provides. The corporate additionally cited the execution of its fertilizer manufacturing plan, with output exceeding targets by 25% and growing by 5% in comparison with the corresponding interval final yr.
The corporate additional highlighted development in gross sales volumes and values by 6% and 44%, respectively, in comparison with the identical interval a yr earlier. Export volumes and values additionally rose by 18% and 35%, respectively, alongside a notable enhance in native free-market gross sales.
Abu Qir Fertilizers is Egypt’s largest producer of nitrogen fertilizers, at present accounting for round 70% of the nation’s whole home manufacturing. It additionally serves a large base of shoppers throughout greater than 40 nations worldwide, exporting strong and liquid fertilizers and ammonia that meet worldwide high quality requirements. The corporate produces prilled urea, granular urea, ammonium nitrate, ammonia, and liquid fertilizers (UAN).
