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Abu Qir Fertilizers & Chemical Industries Co S.A.E (Egypt)

Main Activities: Plastics Material and Resin Manufacturing | Nitrogenous Fertilizer Manufacturing
Full name: Abu Qir Fertilizers & Chemical Industries Co S.A.E Profile Updated: February 06, 2022
Buy our report for this company USD 29.95 Most recent financial data: 2021 Available in: English Download a sample report

Abu Qir Fertilizers and Chemicals Company (AFC) was established in 1976 as a public enterprise company and in 1996 the legal form of the company was changed to a Joint Stock Company. The company is mainly engaged in producing and selling nitrogen fertilizer products. Three plants located in Alexandria were established to fulfill market needs. In 1979 Abu Qir I commenced operations for the purpose of upgrading ammonia into urea. Then, in 1991 Abu Qir II was established to produce ammonium nitrate. Finally, in 1998, Abu Qir III was the first plant in Africa to produce granulated urea. The distribution of the company’s production of locally demanded nitrogen fertilizers—urea and ammonium nitrate is governed and regulated by the government and like the rest of nitrogen fertilizer companies operating in Egypt outside of free zones, Abu Qir is banned from exporting most of its products, in order to fill the supply gap existing in the local market. In year 2010, the company had a 70% local market share.

Legal Address
Tabia-Rashid's Road,P.O Box 21911
Alexandria; Mediterranean Coast; Postal Code: 21911

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Website: http://www.abuqir.net

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Ratings:
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Incorporation Date:
1976
Key Executives
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Chief Financial Officer
Ownership Details
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2.7%
Subsidiaries
Alexandria Fertilizer Co.
Helwan Fertilizer Company
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EGP. Absolute financial data is included in the purchased report.
Net sales revenue
54.78%
Total operating revenue
53.32%
Operating profit (EBIT)
161.35%
EBITDA
155.27%
Net Profit (Loss) for the Period
114.75%
Total assets
62.04%
Total equity
75.96%
Operating Profit Margin (ROS)
23.79%
Net Profit Margin
14.32%
Return on Equity (ROE)
5.19%
Debt to Equity Ratio
-0.65%
Quick Ratio
0.54%
Cash Ratio
0.26%

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