Cairo Oils suffers EGP12.55m losses in Q2

Cairo – Mubasher: Cairo Oils and Soap said it logged EGP 12.555 million in losses for the second quarter of the fiscal year 2015/16.

Meanwhile, the firm reported net profits of EGP 12.6 million for the first half of FY15/16, against net losses of EGP 27.8 million for the similar period of the previous year.

 Cairo Oils saw revenues of EGP 27.5 million in H1-FY15/16, compared with EGP 95.45 million in the same period of the previous year.

Mubasher Contribution Time: 08-Feb-2016 09:37 (GMT)