The Alexandria Mineral Oils Company (AMOC) recorded robust performance in fiscal year 2024/2025, with its General Assembly approving a cash dividend of 80 piasters per share.
Minister of Petroleum and Mineral Resources Karim Badawi, who attended the company’s ordinary and extraordinary general meetings, praised AMOC’s role in supporting the ministry’s strategy through expanded production, reduced imports, and stronger exports.
Chairman Majid Al-Kurdi highlighted record output levels, including 172,000 tons of oils and waxes—108% of the target—and 1.191 million tons supplied to the local market worth EGP 33.66 billion. Exports also rose 9% year-on-year, reaching 70,000 tons valued at USD 65 million.
Financial indicators showed revenues climbing 11% to EGP 38 billion, while net profit rose to EGP 1.55 billion. Total investments stood at EGP 5.6 billion, with equity increasing 9% to EGP 5.42 billion.
AMOC was included for a fourth year in Forbes’ list of Egypt’s most profitable companies and joined the new EGX35-LV index. The company also emphasized sustainability, reducing carbon emissions and supporting community development projects worth EGP 23 million.
