ArabFinance: Misr Oils and Soap Company (MOSC) registered a net profit before tax of EGP 6.66 million in the July-January period, according to the company’s unaudited financial statements filed to the Egyptian Exchange.
In the same period last year, Misr Oils achieved a net profit of EGP 9.45 million.
Moreover, the company’s revenues went up to EGP 922.54 million in the July-January period 2021, compared to EGP 887.51 million in the corresponding period last year.
Previously, the company announced its account settlement with the Bank of Alexandria. The move will result in an increase in the company's shareholder equity by EGP 14.632 million.
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.
