Mubasher TV
Contact Us Advertising   العربية

Misr Oils and Soap turns into profits in 11M

Misr Oils and Soap turns into profits in 11M
Photo Credit: Reuters
Misr Oils & Soap
MOSC
-0.16% 183.67 -0.30


Cairo – Mubasher: Misr Oils and Soap turned a profit in the first eleven months of 2015/16, according to a bourse filing on Wednesday.

The company’s net profit before tax stood at EGP 12.7 million against EGP 15.6 million a year earlier.

Earlier, it reported net earnings of EGP 24,000 in the first half of 2015/2016, against losses of EGP 8.3 million in the same period a year earlier.

Further, its H1-15/16 revenues increased to EGP 206.9 million from EGP 187.4 million in H1-15/14.