Egyptian Financial & Industrial SAE operates within the Phosphatic fertilizers sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Egyptian Financial & Industrial SAE with three other
manufacturers of fertilizers and agricultural chemicals in Middle East:
National Fertilizer Company Sjsc
of SAUDI ARABIA
sales of 180.43 million Saudi Arabian Riyals [US$48.10 million]
Arab Pesticides and Veterinary Drugs Manufacturing Company PSC
(22.56 million Jordanian Dinars [US$31.82 million]
Kafr El Zayat Pesticides and Chemicals Co
(740.01 million Egyptian Pounds [US$47.07 million]
Sales were up sharply during the second
quarter of 2021 versus the previous year's second quarter.
During the second
quarter of 2021, sales at Egyptian Financial & Industrial SAE totalled
588.13 million Egyptian Pounds.
an increase of 88.0%
from the 312.78 million Egyptian Pounds in sales at the company during the second quarter of 2020.
During the first two
quarters of 2021, sales totalled 1.06 billion Egyptian Pounds, which is
than through the first two quarters of 2020.
There appears to be at least some degree of seasonality in the sales at Egyptian Financial & Industrial SAE: during 8 of the previous 9
years, sales were highest during the fourth quarter.
The exception to this was during 2019, when the
second quarter was the best quarter, accounting for
29% of sales (during that same year, the
fourth quarter accounted for 22% of sales).
During the year ended December of 2020, sales at
Egyptian Financial & Industrial SAE were 1.42 billion Egyptian Pounds (US$90.56 million).
decrease of 18.7%
versus 2019, when the company's sales were 1.75 billion Egyptian Pounds.
Contributing to the drop in overall sales was the 50.0% decline
in Dcp, from 24.80 million Egyptian Pounds to 12.40 million Egyptian Pounds.
There were also decreases in sales in
Fertilizers Sector (down 24.9% to 994.30 million Egyptian Pounds)
Ammonia Sulfate (down 3.1% to 291.57 million Egyptian Pounds)
However, these declines were partially offset by the increase in sales of
Acid Sector (up 25.5% to 125.47 million Egyptian Pounds)