MOPCO Q1 2026 Net Profit Surges 88%

Misr Fertilizers Production Company (MOPCO), Egypt’s largest nitrogen fertilizer producer, recorded an 88% year-on-year (YoY) surge in consolidated net profit after tax for the first quarter (Q1) of 2026, reaching EGP 5.3 billion. This bottom-line growth was supported by a 29% increase in sales revenues, which climbed to EGP 8.2 billion during the January–March period of 2026, according to the company’s financial disclosure submitted to the Egyptian Exchange (EGX).

The state-controlled nitrogen fertilizer producer experienced strong performance across all core metrics, with gross profit rising 34% YoY to EGP 4.5 billion, while pre-tax operating profits increased 37% to reach EGP 4.2 billion.

The quarterly performance follows a solid full-year 2025 baseline, during which the company generated record-breaking annual revenues of EGP 26.84 billion and a pre-tax net profit of EGP 12.96 billion. To maintain long-term production advantages, MOPCO is advancing a carbon dioxide recovery unit project to capture over 150,000 tons of emissions annually from its plant stacks, optimizing equipment efficiency to increase ammonia and urea output without consuming additional natural gas volumes.

These figures highlight MOPCO’s ability to leverage stable natural gas supplies and expand into new markets, reinforcing its position as a leading player in Egypt’s fertilizer industry.

During fiscal year 2025, MOPCO achieved 102% of its production targets, yielding 1.7 million tons of urea and 1.1 million tons of ammonia.

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المصدر: Egypt Oil & Gas