Arab Finance: Extracted Oils and Derivatives Company (ZEOT) posted a 28.4% year-on-year (YoY) plunge in net profits after tax for the first quarter (Q1) of fiscal year (FY) 2026/2027, according to the company’s financial indicators filed to the Egyptian Exchange (EGX) on November 10.
The company recorded net profits after tax of EGP 10.355 million in Q1 of this FY, compared to EGP 14.470 million in the previous FY.
Moreover, it generated revenues of EGP 1.102 billion in the July-September period, down 0.2% YoY from EGP 1.105 billion.
Extracted Oils 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.
