Arab Finance: Misr Oils and Soap Company (MOSC) recorded a 2.27% year-on-year (YoY) drop in net profit after tax for fiscal year (FY) 2022/2023, according to the audited financial indicators filed to the Egyptian Exchange (EGX) on September 11th.
The company achieved a net profit after tax of EGP 3.284 in FY 2022/2023, compared to EGP 3.361 million in FY 2021/2022.
MOSC is an Egypt-based company engaged in the extraction and refining of oils from plants and animals, and the production of soap and detergents. The company’s oil products include sunflower oils, corn oils, cotton seeds oils, soya oils, ghee, and butter.