Samad Misr EGYFERT is an Egypt-based shareholding company engaged in the agricultural product trading and distributing sector. The Company is specialized in export, import, general trading and local distribution of different types of agricultural fertilizers, chemicals and other related products (nitrogenous phosphatic, potassium, sulphur, rock phosphate chemicals). The Company has also invested in other companies in the same field and has stakes in: Abu Zaabal Fertilizers & Chemicals Co, Polyserve Fertilizers and Chemicals Co, Egyptian Co for Investments and Agricultural Projects, Misr Fertilizers, Chemicals & Agricultural Nutrients Co(MisrFert), and Arab Sulphur Co..
Financial Performance:
Positive investor sentiment was reflected by a 5% gain in share price by close of January 13th following the announcement. However, signs of possible political entanglements following the revolution have since led to a likely postponement of any such capital gains for SMFR. 2010 revenues stood at EGP60M vs. EGP59M in 20