Kima stock: Kima targets 110 percent urea growth. Kima stock sits 23.81 percent below its high

Published on 10/23/2026 at 06:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kima targets 110 percent more urea capacity in January 2027. Kima stock sits 23.81 percent below its 52-week high.

Operations and financial results

Kima targeted a 110 percent increase in urea capacity on October 15, 2026.
The company planned to save USD 8 million annually from June 24, 2026.
Kima stock was quoted at EGP 11.70 on October 20, 2026.

EGCH, EGS38201C017, Illustration mit AI erstellt.

Egyptian Chemical Industries (EGS38201C017) targeted a 110 percent increase in urea capacity as part of a planned January 2027 turnaround, while its October 20, 2026 quote stood 23.81 percent below the EGP 15.37 52-week high. Akhbaralestethmar reported the operational target on October 15, 2026.

Profit growth meets cost control

The financial backdrop strengthened in fiscal year 2025/26. Youm7 reported revenue of EGP 11.20 billion for the year ended June 30, 2026, versus EGP 8.60 billion in fiscal year 2024/25, a 30.23 percent increase. Net profit reached EGP 1.80 billion from EGP 987.00 million, an 82.37 percent rise.

The operating plan also targets lower recurring costs. Kima decided to handle operations and maintenance at its Kima 2 ammonia and urea plant internally from June 24, 2026, after ending an Italian maintenance contract valued at USD 8 million annually, according to Youm7. The company also ended a control-system support contract from July 1, 2026, with annual savings of USD 330,000.

What does the expansion mean?

The next phase depends on converting production capacity into sustained sales. Kima plans to use the January 2027 turnaround to improve operating efficiency, while management has placed a nitric acid and ammonium nitrate project among its priorities. The project targets 600 tons per day of nitric acid and 800 tons per day of ammonium nitrate, figures reported by Akhbaralestethmar on October 15, 2026.

Three dates shape the timeline

On June 24, 2026, Kima began taking over maintenance at Kima 2, linked to USD 8 million in annual savings. On September 30, 2026, shareholders approved the fiscal year 2025/26 accounts, including EGP 11.20 billion of revenue. On October 15, 2026, management outlined the January 2027 turnaround and the 110 percent urea capacity target.

Upcoming operating dates

October 2026 is the planned month for delivery of additional spare parts, while the broader turnaround is scheduled for January 2027. These dates come from management remarks carried by Akhbaralestethmar.

Stock valuation remains market-based

Egyptian Chemical Industries is listed on the Egyptian Exchange under ticker EGCH and operates in fertilizers and chemical materials. The quoted price stood at EGP 11.70 on October 20, 2026, with a 52-week range of EGP 9.77 to EGP 15.37 and a market capitalization of EGP 23.20 billion.