Misr Oils and Soap’s profits drop 7.8% YoY in FY 2021/2022
Updated 9/12/2022 12:21:56 PM
Arab Finance: Misr Oils and Soap Company (MOSC) recorded a 7.8% year-on-year (YoY) drop in net profit after tax for fiscal year (FY) 2021/2022, according to the audited financial indicators filed to the Egyptian Exchange (EGX) on September 12th.
The company achieved a net profit after tax of EGP 3.361 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.
