Cairo – Mubasher: Cairo Oils and Soap Company said Tuesday that its losses for the second quarter of fiscal 2016-2017 decreased by 61.3% to EGP 4.86 million, versus EGP 12.59 million for Q2-15/16.

The company suffered a net loss of EGP 628,610 in the first half of fiscal 2016/17, against a net profit of EGP 12.55 million for H1-15/16, according to a bourse statement.