Alexandria Mineral Oils Company (AMOC) has approved a capital expenditure budget of approximately EGP 580.19 million for the fiscal year (FY) 2025/2026, according to the company’s disclosure to the Egyptian Exchange (EGX).

The budgets were approved by AMOC’s board of directors at its meeting held in December after being reviewed by the Audit and Governance Committee.

The company also expects net profit after tax of about EGP 1.02 billion in FY 2025/26.

AMOC, which was established in 1997 and was listed on the Egyptian Exchange (EGX) in 2004, produces a wide range of products, including paraffin wax, automatic transmission oils, base oil, transformer oils, and fuel oils, across two complexes: one for lubricants and other oils, and a second for gas oils production.