Cairo – Mubasher: Misr Oils and Soap turned to net losses of EGP 11 million during the first 10 months of fiscal year (FY) 2020/2021, versus net profits of EGP 15 million in the year-ago period, the financial indicators showed.
The revenues edged up to EGP 1.28 billion in the 10-month period ended 30 April, compared to EGP 1.27 billion in the corresponding period a year earlier, the company said in a bourse disclosure on Monday.
During the first nine months of FY20/21, the company incurred net losses of EGP 9.88 million, against net profits of EGP 13.7 million in the same period in FY19/20.
