Cairo - Mubasher: Extracted Oils reported net profits of EGP 3.5 million in the first quarter of the fiscal year 2015/16, up 6.5% from EGP 3.3 million in the same quarter a year earlier.

The firm saw revenues of EGP 165 million in Q1-FY15/16, compared with EGP 193 million for the same period a year earlier.

The company's gross profits reached EGP 8.4 million in the first quarter, up from EGP 7.7 million.

Extracted Oils is capitalised at EGP 157.2 million, distributed across 157.2 million shares at EGP 1 par value each.