Misr Oils turns profitable in H1

Cairo-Mubasher: Misr Oils and Soap reported net earnings of EGP 24,000 in the first half of 2015/2016, against losses of EGP 8.3 million in the same period a year earlier.

The company's H1-15/16 revenues increased to EGP 206.9 million from EGP 187.4 million in H1-15/14.

Revenues from July to November 2015 reached EGP 186.33 million, compared with EGP 172 million in the corresponding period of 2014.

Mubasher Contribution Time: 31-Jan-2016 08:32 (GMT)