Cairo - Mubasher: The unaudited financial results of Misr Oils and Soap Company showed an increase in profits by 54.06% between the beginning of July and the end of October 2016.

During that period, net profits before taxes reached EGP 4.5 million ($256,600) compared to EGP 2.9 million in the same period in 2015, according to the company’s statement to the Egyptian Exchange (EGX) on Wednesday.

The company’s revenues including total sales went up by 54.5% to EGP 232.1 million from EGP 150.3 million in the same period last year.