Extracted Oils swings to losses in FY15/16

Cairo-Mubasher: Extracted Oils Co. turned to losses in the fiscal year ended 30 June 2016, according to a bourse statement.

Net losses reached EGP 12.99 million in the fiscal year 2015/16, against profits of EGP 578,000 last year.

Net profits stood at EGP 4.38 million in the nine months of the fiscal year 2015/16, compared to EGP 184,000 in the prior-year period.

Mubasher Contribution Time: 28-Sep-2016 11:49 (GMT)
Mubasher Last Update Time: 28-Sep-2016 12:12 (GMT)