Abu Qir Fertilizers stock: Profit more than doubles in nine months

Published on 11/04/2026 at 02:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Abu Qir Fertilizers stock comes into focus after the company more than doubled nine-month net income. Higher prices and exports drove the advance.

Profit growth and expansion plans

Abu Qir Fertilizers reported sharply higher nine-month revenue, operating profit and net income for the period ended September 30, 2026.
Export volumes and export value increased as the company entered new international markets.
The board approved further solar investment and a strategic plan scheduled to begin in fiscal 2027.

ABUK, EGS38191C010, Illustration mit AI erstellt.

Abu Qir Fertilizers more than doubled net income in the nine months to September 30, 2026, according to The Edge. The Egyptian fertilizer producer reported net profit after tax of EGP 12.97 billion, up 102.8% from the comparable period a year earlier, based on unaudited standalone indicators filed with the Egyptian Exchange on October 29.

Prices and exports lift earnings

Revenue rose 89.9% to EGP 31.49 billion, while gross profit increased 95.9% to EGP 15.40 billion. Operating profit advanced 86.8% to EGP 12.49 billion. The company attributed the performance to stable plant operations, higher average selling prices, stronger local free-market sales and expansion into new export markets.

Export volumes rose 55% and export value increased 111%, according to the company summary cited by The Edge. Maintenance and efficiency work at the Abu Qir 1 and Abu Qir 3 plants also supported operations. The report said the filing included EGP 3.96 billion from a line classified as pre-tax profit from non-continuing activities, equal to 24% of pre-tax profit.

Investment remains a key watchpoint

Operating cash flow increased 61.6% to EGP 8.59 billion, but investing outflows more than tripled to EGP 9.67 billion. The company also awarded the second phase of a solar project, with total planned capacity estimated at 3 MWp and investment estimated at EGP 76.17 million. Implementation is planned over 12 months.

The board approved a strategic plan prepared by McKinsey & Company that is due to start in fiscal 2027. For investors, fertilizer prices, export demand, natural-gas availability and the conversion of strong earnings into operating cash remain central factors for the next reporting periods.

Abu Qir's fertilizer business

Abu Qir Fertilizers produces nitrogen fertilizers and related chemicals in Egypt, including prilled and granular urea, ammonium nitrate, ammonia and liquid fertilizers. The company began production in 1979 and serves domestic and international markets from its operations in Alexandria. Its position is that of a large, export-oriented specialist in the Egyptian fertilizer sector, with production, efficiency and lower-carbon projects forming key parts of its operating strategy.