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02 November 12:48 AM

Misr Oils and Soap turns profitable in 5M

Misr Oils and Soap turns profitable in 5M
Misr Oils and Soap turns profitable in 5M
Misr Oils & Soap
MOSC
0.20% 239.20 0.48

Cairo – Mubasher: Misr Oils and Soap turned to profitability in the five – month period ended 30 November 2016.

The company reported net profits before tax of EGP 4.95 million for this five-month period, against losses of EGP 4.16 million for the similar period of the previous year.

The company also reported revenues of EGP 297 million for this five-month period, up by 59.3% from EGP 186.3 million a year earlier.