Cairo – Mubasher: The net profits after tax of Sidi Kerir Petrochemicals Company (Sidpec) amounted to EGP 1.88 billion during the first nine months (9M) of 2024, an annual rise of 4.13% from EGP 1.81 billion.
Revenues increased by 2.94% to EGP 10.01 billion in 9M-24 from EGP 9.73 billion in 9M-23, according to unaudited financial results.
Sidpec recorded earnings per share (EPS) valued at EGP 2.24 as of 30 September 2024, up 17.28% year-on-year (YoY) from EGP 1.91.
During the three-month period that ended on 31 March 2024, Sidpec logged net profits after tax worth EGP 559 million, higher by 7.50% YoY than EGP 520 million.
