Misr Oils and Soap’s turns profitable in H1 FY 2022/23

Misr Oils and Soap Company (MOSC) achieved net profits after tax of EGP 492,000 during the first half (H1) of the current fiscal year (FY) 2022/2023, versus net losses of EGP 2.50 million in the comparable period a FY earlier, according to the unaudited financial indicators filed to the Egyptian Exchange (EGX) on February 1st.

MOSC is an Egypt-based company engaged in the extraction and refining of oils from plants and animals, and the production of soap and detergents.

The company’s oil products include sunflower oils, corn oils, cotton seeds oils, soya oils, ghee, and butter.