Cairo – Mubasher: Misr Oils and Soap turned a profit in the first eleven months of 2015/16, according to a bourse filing on Wednesday.
The company’s net profit before tax stood at EGP 12.7 million against EGP 15.6 million a year earlier.
Earlier, it reported net earnings of EGP 24,000 in the first half of 2015/2016, against losses of EGP 8.3 million in the same period a year earlier.
Further, its H1-15/16 revenues increased to EGP 206.9 million from EGP 187.4 million in H1-15/14.
