Arab Finance: Cairo Oils and Soap (COSG) is expecting to achieve EGP 200 million in sales during 2022, according to a filing to the Egyptian Exchange (EGX) on Tuesday.

The company has generated EGP 104 million from sales during the first nine months of the year, as shown in unaudited financial statements.

Cairo for Oils, a subsidiary of the Holding Company for Food Industries, is an Egypt-based holding company engaged in the manufacture, processing, packaging, import, export, and distribution of different types of seeds for the production of oil and soap.

The company primarily uses cotton seeds and soya beans for processing and producing cooking oil, soap, and detergent products under several brands.