Misr Oils logs EGP 1.02M profit in 8 months

Updated 3/30/2022 9:57:22 AM

ArabFinanceMisr Oils and Soap Company (MOSC) announced that its board of directors has endorsed the income statement for the period starting from July 1st 2021 until February 28th 2022, according to a statement filed to the Egyptian Exchange (EGX).

Net profit after tax amounted to EGP 1.02 million in the first eight months of fiscal year (FY) 2021/2022, down from EGP 4.527 million in the same period of 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.