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Misr Oils turns profitable in two months

Misr Oils turns profitable in two months
Production value further increased to EGP 113.7 million - Photo Credit: Reuters
Misr Oils & Soap
MOSC
-1.04% 182.26 -1.92

Cairo – Mubasher: Misr Oils and Soap swung from losses into profits during last July and August, according to a bourse filing on Monday.

The company registered EGP 1.61 million profits during 1 July – 31 August against EGP 107,000 losses for the year-ago period.

Production value further increased to EGP 113.7 million during the same period, compared with EGP 73.6 million for July-August 2015.