Cairo – Mubasher: The unaudited financial stetements of Alexandria Mineral Oils Company (AMOC) showed a rise of 14.2% in its net profit for the nine months ended on 31 March 2016.
Net profit reached EGP 279.6 million in the first nine months of fiscal 2016, versus EGP 244.9 million in the same period of fiscal 2015.
The company’s profit for the third quarter of the current year reached EGP 122.9 million.
Net profit before tax came to EGP 335 million in Q3-16, versus EGP 342.4 million in Q3-15.
The company earlier reported a net profit of EGP 156.9 million in the first half ended on 31 December 2015, compared to EGP 183.6 million a year earlier.