Cairo – Misr Oils and Soap announced that no dividends will be paid for the year ended 30 June due to the company's retained losses amounting to EGP 10.55 million, according to a bourse disclosure on Sunday.

The company reported net profits of EGP 3.64 million in fiscal year (FY) 2020/2021, down from EGP 16.77 million a year earlier.

The revenues increased to EGP 1.61 billion in the year ended 30 June from EGP 1.52 billion in FY19/20.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2021 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.