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The Alexandria Mineral Oils Company (AMOC) output of oils and waxes reached 172,000 tons in the fiscal year (FY) 2024/25, representing 108% of the target for the year. This was achieved while maintaining a production mix of the most profitable fuels like diesel, naphtha, and butane gas, with an overall production of 442,000 tons, Maged […]
The post AMOC Exceeds Production Targets While Expanding African Export Markets first appeared on Egypt Oil & Gas.
Read moreThe Egyptian Exchange’s (EGX) Listing Committee, at its meeting on September 3, decided to impose a financial penalty of EGP 5,000 on Maridive and Oil Services Company (MOIL), to be paid within 15 days from the date the company is notified of the decision. Articles 46 and 47 of the EGX listing and delisting rules […]
The post EGX Penalizes Maridive and AMOC for Listing Rule Violations first appeared on Egypt Oil & Gas.
Read moreAlexandia Mineral Oils Company (AMOC) net profit after tax, in the Standalone Financial Statements, was approximately EGP 1.49 billion during fiscal year (FY) 2024/25, compared to EGP 1.27 billion in the previous FY, making around 17.3% increase year-on-year (YoY). Meanwhile, net sales grew by 10.8% YoY, reaching EGP 36.9 billion, an increase from EGP 33.3 […]
The post AMOC Reports 17.3% Increase in Standalone Net Profit for FY 2024/25 first appeared on Egypt Oil & Gas.
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