Cairo – Mubasher: Extracted Oils Co. registered a decrease of 16% to EGP 3.2 million in net profits for the first half of the fiscal year 2015/16.

The company saw net profits of EGP 3.8 million for the similar period of the previous year.

The firm pointed out that it didn’t pay any income tax for the first half of FY 2015/16, against income tax of EGP 1.5 million it paid for the similar period of the previous year