Misr Oils and Soap swings to loss in FY 2020/2021
Updated 8/1/2021 2:51:00 PM
ArabFinance: Misr Oils and Soap Company (MOSC) incurred a net loss of EGP 13.351 million in the fiscal year 2020/2021, according to the company’s financial statements filed to the Egyptian Exchange.
In the fiscal year 2019/2020, the company posted a net profit of EGP 16.773 million.
Misr Oils registered a net profit of EGP 4.52 million in the July-February period of the fiscal year 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.
