Cairo - Mubasher: Alexandria Mineral Oils Co. (AMOC) posted a fall of 20% in net profits for the first three months of the fiscal year 2015/16.

The firm reported net profits of EGP 75.89 million in Q1-FY15/16, compared with EGP 95.41 million for the same period of the previous year.

AMOC saw net profits of EGP 340.3 million in the fiscal year 2014/15.

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