Misr Oils and Soap’s unaudited profit drops 84.6% YoY in FY 2021/2022
Updated 8/1/2022 2:04:00 PM
Arab Finance: Misr Oils and Soap Company (MOSC) recorded an 84.59% year-on-year (YoY) drop in net profit after tax for fiscal year (FY) 2021/2022, according to the financial indicators filed to the Egyptian Exchange (EGX) on August 1st.
The company achieved a net profit after tax of EGP 562,000 in FY 2021/2022, compared to EGP 3.647 million in FY 2020/2021.
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.
