AMOC’s consolidated profit surges 4.87% YoY in 9 months
Updated 5/15/2025 1:43:00 PM
Arab Finance: Alexandria Mineral Oils Company (AMOC) reported a 4.87% year-on-year (YoY) increase in consolidated net profit after tax for the first nine-month period of fiscal year (FY) 2024/2025, according to the financial statement filed to the Egyptian Exchange (EGX) on May 15th.
Consolidated net profit after tax amounted to EGP 1.056 billion in the nine-month period ended March 31st, compared to a profit of EGP 1.007 billion in the same period of FY 2023/2024.
The company generated consolidated net sales of EGP 28.314 billion in the first nine months of FY 2024/2025, from the EGP 22.747 billion reported in the same period a FY eariler.
Meanwhile, the company’s standalone net profit after tax jumped to EGP 1.156 billion in the nine-month period ended March 31st from EGP 983.358 million in the corresponding period of the prior fiscal year.
AMOC is an Egypt-based company that operates in the petroleum industry. The company specializes in the production of essential mineral oils, paraffin wax and its derivatives, naphtha, and butane, as well as distributes and markets them in Egypt and abroad.
Related News
