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Misr Oils turns profitable in H1

Misr Oils turns profitable in H1
Photo Credit: Arabianeye - Reuters.
Misr Oils & Soap
MOSC
-1.15% 182.06 -2.12

Cairo-Mubasher: Misr Oils and Soap reported net earnings of EGP 24,000 in the first half of 2015/2016, against losses of EGP 8.3 million in the same period a year earlier.

The company's H1-15/16 revenues increased to EGP 206.9 million from EGP 187.4 million in H1-15/14.

Revenues from July to November 2015 reached EGP 186.33 million, compared with EGP 172 million in the corresponding period of 2014.