Cairo – Mubasher: Ferchem Misr for Fertilizers and Chemicals (FERC) posted a slight decline by 0.78% in net profit for the first nine months of 2015 to EGP 2.161 million ($0.271 million), compared with EGP 2.178 million ($0.273 million) in the prior-year period.

The nine-month gross profits amounted to EGP 8.3 million, up from EGP 8.19 million.

The company previously reported EGP 598,900 ($76,700) in net profit for the first half of 2015, compared with EGP 1.38 million ($176,770) in the first half of 2014.