Cairo – Mubasher: Extracted Oils said Monday that its profits for the first quarter of 2015/16 declined 24% year-on-year to EGP 3.26 million from EGP 4.27 million, according to a bourse filing.

Q1 sales stood at EGP 230.4 million, higher 39% year-over-year from EGP 165.24 million.

The stock quote went down 1.5% to EGP 0.66 by 1:14pm Cairo time.