AMOC’S half-year profits move 15% lower

Cairo-Mubasher: Alexandria Mineral Oils Co (AMOC) stated on Tuesday that its annual net profits plummeted 15% by last December.

FY15 net profit after tax reached EGP 156.98 million, compared with EGP 183.57 million a year earlier, the company added.

AMOC’s Q4 profits for the current fiscal year stood at EGP 75.89 million, while the same period in 2014 the company yielded EGP 95.41 million.

Mubasher Contribution Time: 26-Jan-2016 09:32 (GMT)