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Extracted Oil's plant resumes operating

Extracted Oil's plant resumes operating

ArabFinance: Extracted Oil and Derivatives Company announced that its Raghb plant resumed operating, according to the company’s statement filed to Egyptian Exchange.

The company suspended the plant operation since the landing on the road in front of it.

The listed company targeted achieving a net profit of EGP 9.397 million and revenues of EGP 2.388 million ending June 2022.

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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