Misr Oils & Soap posted financial indicators for the first quarter of the fiscal year 2014/2015, which mirrored EGP 2.9 million net loss, compared with EGP 0.922 million net loss in the same period a year earlier.
The company’s adjusted financial results for the fiscal year 2013/2014 had mirrored EGP 16.099 million net loss, compared with EGP 4.591 million net loss in 2012/2013. The company had previously posted EGP 11.3 million net loss for the fiscal year that ended on June 30, 2014, deepening 146% from EGP 4.6 million a year earlier.
Financial results for the 11-month period from July 1, 2013 till May 31, 2014 had shown EGP 5.5 million net loss before tax, versus EGP 4.7 million net profit in the year-ago period.