Cairo - Mubasher: The financial indicators of Alexandria Mineral Oils Company (AMOC) showed a surge in profits by 152.8% in fiscal year 2016/2017, according to a bourse filing.
The company said in a statement to the Egyptian Exchange (EGX) on Sunday that net profits totalled EGP 1.1 billion in FY16/17 compared to EGP 435.4 million in the year before.
Sales jumped 119% to EGP 9.58 billion up from EGP 4.37 billion in FY15/16.
