Cairo- Mubasher: The unaudited financial statements of Extracted Oils & Derivatives Company (Extracted Oils) revealed an 8.3% year-on-year increase in profit during fiscal year 2018-2019.

Extracted Oils registered net profits worth EGP 22.47 million since the beginning of July 2018 until the end of June 2019, compared to EGP 20.75 million in FY 2017/18, the company disclosed on Monday.

Meanwhile, Extracted Oils’ revenues jumped 32.6% to EGP 2.357 billion during fiscal year 2018-2019, compared to EGP 1.777 billion a year earlier, the company noted