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Cairo Oils reports EGP 83.2m profits

Cairo Oils reports EGP 83.2m profits
The company’s stock ended Thursday up 0.04% (Photo Credit: Arabianeye-Reuters)
Cairo Oils & Soap
COSG
0.00% 0.21 0.00

Cairo – Mubasher: The financial statements of Cairo Oils and Soap turned profitable during the fiscal year ended 30 June, 2016.

Cairo Oils achieved a net profit of EGP 83.2 million in the fiscal year 2015/2016, against losses of EGP 52.4 million in the previous fiscal year.

The company’s stock ended Thursday up 0.04% to reach EGP 23.79.