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English news

18-Apr-2016

AMOC reports 51% Q-o-Q growth in earnings to EGP123 million

Alexandria Mineral Oils Company (AMOC) [AMOC.CA] has announced its 3Q2015/16 financial results, showing net income of EGP123 million (+51% Q-o-Q, +92% Y-o-Y). Revenues for the period were up 8% Q-o-Q to EGP981 million, while gross profit came in at EGP140 million (+22% Q-o-Q, +28% Y-o-Y) and reflected growth in gross margin to 14.3%  from 12.7% in 2Q2015/16. (Company disclosure)

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