Alexandria Mineral Oils Company (AMOC) reported a net profit of £E 917.9 million in the financial year ended June 30. This represented 5.8 % rise from the previous year’s profit of £E 867.4 million. These figures were disclosed by the stock exchanged yesterday.
About Alexandria Mineral Oils Company
The Group's principal activity is a refinery that produces several petroleum-based products such as gas fuel and blended fuel as well as lubricants like base oils, transformer oils, automatic transmission fluids and waxes. The main raw material is crude oil which represents 95 per cent of the cost of production as it buys it from the Egyptian Petroleum Company (EGPC). The company was established in May 1997.
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