Cairo – Mubasher: Alexandria Mineral Oils Company (AMOC) seeks to achieve profits worth EGP 575.2 million in the estimated budget for fiscal year 2017/2018, compared to an estimated profit of EGP 652.4 million for FY16/17.

The company targets to increase revenues to EGP 10.3 billion in FY17/18, versus estimated revenues worth EGP 7.6 billion for FY16/17, a bourse filing said on Thursday.

AMOC’s stock rose on Wednesday by 0.68% to EGP 10.31.