TheScreener - Abu Qir Fertilizers Chemical Industries (ABUK) With a more favourable environment, ABOU KIR FERTILIZERS improves to Positive

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With a more favourable environment, ABOU KIR FERTILIZERS improves to Positive

ABOU KIR FERTILIZERS (EG), a company active in the Speciality Chemicals industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date March 15, 2022, the closing price was EGP 24.00 and its potential was estimated at EGP 25.20.

16/03/2022 1 EN

Underlying

Abu Qir Fertilizers & Chemical Industries

Abuo Kir Fertilizers & Chemical Industri. Abu Qir Fertilizers and Chemical Industries Co SAE is an Egypt-based Company engaged in the agricultural chemicals sector. The Company focuses on the production, distribution and export of fertilizers, chemicals and related products. The Company operates in seven segments, which include Abu Qir Plant 1, Abu Qir Plant 2, Abut Qir Plant 3, Mixture Fertilizers Plant, Liquid Fertilizers, Ammonia and Nitric Acid, and Others. The Company's products include Prilled Urea, Prilled Urea treated with Zinc Sulphate, Granular Ammonium Nitrate, Granular Urea, Granular Urea treated with Ammonium Sulphate, Granular Urea treated with Magnesium Sulphate, nitrogen, phosphorous and potassium (NPK) products and liquid ammonia. The Company's major shareholders include National Investment Bank, Egyptian General Petroleum Corporation, Public Industrial Development Authority and Al Ahli Capital.

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EGS38191C010 Egyptian Exchange Egypt

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With a more favourable environment, ABOU KIR FERTILIZERS improves to Positive

Empowering Investors

ABUK EY | Maintaining our Overweight call

ABUK EY | Raise 12M TP by 48% to EGP42.0/share

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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