Cairo Oils & Soap
COSG
-1.41%
0.21
-0.00
COSG
Cairo Oils and Soap will hold a board meeting on November 23 to review financial statements for the first quarter of FY2014/2015.
The company’s financial results for 2013/2014 showed net losses of EGP 33.488 million, narrowing 17% compared with EGP 40.369 million a year earlier.
The company said in a filing to EGX that the board will be briefed on the procedures of splitting the par value from EGP 10 to EGP 5.
Cairo Oils operates with EGP 80 million capital, divided into 8 million shares at EGP 10 par value each.
The company’s financial results for 2013/2014 showed net losses of EGP 33.488 million, narrowing 17% compared with EGP 40.369 million a year earlier.
The company said in a filing to EGX that the board will be briefed on the procedures of splitting the par value from EGP 10 to EGP 5.
Cairo Oils operates with EGP 80 million capital, divided into 8 million shares at EGP 10 par value each.
Source:
Mubasher