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Extracted Oil targets net profit of EGP 9M

Extracted Oil targets net profit of EGP 9M

ArabFinance: Extracted Oil and Derivatives Company targeted net profit of EGP 9.397 million and revenues of EGP 2.388 million ending June 2022, according to the company’s statement filed to Egyptian Exchange.

The company allocated an investment of EGP 25 million. It reported a net loss of EGP 8.333 million in the July-March period 2021, against a net profit of EGP 12.284 million in 2019.

The company distributed cash dividends of EGP 0.06 per share for the fiscal year 2019/2020 on November 26th, 2020.

Extracted Oil and Derivatives, an affiliate of Holding Company for Food Industries, is engaged in the extraction and production of oil from animals and vegetables, as well as the manufacture, packaging, and trade of industrial and liquid soaps and detergents.

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04 Oct 2021
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