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AMOC posts EGP 341m profits in year

AMOC posts EGP 341m profits in year
Photo Credit: Arabianeye-Reuters
AMOC
AMOC
-1.51% 7.16 -0.11

Cairo – Mubasher: Alexandria Mineral Oils Co (AMOC)reported EGP 341 million in net profits for the fiscal year ended June 2015, a decline of 53% from EGP 718.1 million for the same period of the previous year.

AMOC's revenues reached EGP 6.4 billion in H1-2015, compared with EGP 8.7 billion for the corresponding period of the previous year.

AMOC is capitalised at EGP 861 million, distributed across 86.1 million shares at EGP 10 par value each.