Latest news with #mineralOils
Zawya
30-06-2025
- Business
- Zawya
Egypt: AMOC approves FY2025/26 planning budget with $20mln in net profits
Arab Finance: Alexandria Mineral Oils Company's (AMOC) board of directors has approved the estimated planning budget for the fiscal year (FY) 2025/2026, as per a disclosure. Under the new budget, the company targets to achieve net profits after tax of EGP 1.094 billion in FY 2025/2026. It also set its net sales at EGP 37.332 billion for the July 2025-June 2026 period. AMOC is an Egypt-based company that operates in the petroleum industry. The company specializes in the production of essential mineral oils, paraffin wax and its derivatives, naphtha, and butane, as well as distributes and markets them in Egypt and abroad. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
16-05-2025
- Business
- Zawya
Egypt: AMOC's consolidated profit surges 4.87% YoY in 9 months
Egypt - Alexandria Mineral Oils Company (AMOC) reported a 4.87% year-on-year (YoY) increase in consolidated net profit after tax for the first nine-month period of fiscal year (FY) 2024/2025, according to the financial statement filed to the Egyptian Exchange (EGX) on May 15th. Consolidated net profit after tax amounted to EGP 1.056 billion in the nine-month period ended March 31st, compared to a profit of EGP 1.007 billion in the same period of FY 2023/2024. The company generated consolidated net sales of EGP 28.314 billion in the first nine months of FY 2024/2025, from the EGP 22.747 billion reported in the same period a FY eariler. Meanwhile, the company's standalone net profit after tax jumped to EGP 1.156 billion in the nine-month period ended March 31st from EGP 983.358 million in the corresponding period of the prior fiscal year. AMOC is an Egypt-based company that operates in the petroleum industry. The company specializes in the production of essential mineral oils, paraffin wax and its derivatives, naphtha, and butane, as well as distributes and markets them in Egypt and abroad. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
08-05-2025
- Business
- Zawya
Egypt: AMOC's consolidated profit rises 5% YoY in 9 months
Arab Finance: Alexandria Mineral Oils Company (AMOC) posted a 5% year-on-year (YoY) growth in consolidated net profit after tax for the first nine months to March 31st, according to the financial income statements filed to the Egyptian Exchange (EGX) on May 7th. Consolidated net profit after tax amounted to EGP 1.104 billion in the nine-month period ended March 31st, compared to EGP 1.052 billion in the same period of fiscal year (FY) 2023/2024. The company generated consolidated sales of EGP 28.314 billion in the first nine months of FY 2024/2025, surging by 24% YoY from EGP 22.747 billion. Likewise, AMOC's standalone net profit after tax rose by 18% YoY to EGP 1.156 billion during the period from July 2024 to March 2025, compared to EGP 983.358 million. AMOC is an Egypt-based company that operates in the petroleum industry. The company specializes in the production of essential mineral oils, paraffin wax and its derivatives, naphtha, and butane, as well as distributes and markets them in Egypt and abroad. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
