Cairo – Mubasher: Misr Oils and Soap announced that no dividends will be paid for the year ended 30 June due to the company's retained losses amounting to EGP 10.55 million, according to a bourse disclosure on Sunday. 

The company reported net profits of EGP 3.64 million in fiscal year (FY) 2020/2021, down from EGP 16.77 million a year earlier. 

The revenues increased to EGP 1.61 billion in the year ended 30 June from EGP 1.52 billion in FY19/20.