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Misr Oils suffers EGP 10.79m in losses in H1

Misr Oils suffers EGP 10.79m in losses in H1
Photo Credit: Arabianeye-Reuters
Misr Oils & Soap
MOSC
-1.68% 50.10 -0.84

Cairo – Mubasher: Misr Oils and Soap suffered EGP 10.79 million in losses for the first half of 2015, compared with EGP 10.1 million for the same period of 2014.

The company's revenues reached EGP 939.43 million in H1-2015, compared with EGP 209.89 million for the corresponding period of the previous year, a rise of 66.48%.

The firm is capitalised at EGP 60 million, distributed across 6 million shares at EGP 10 par value each.