Alexandria Mineral Oils Company (AMOC) reported total sales of 808,000 tons, valued at nearly EGP 20 billion in the second half (H2) of 2025, marking a 14.5% growth rate, Chairman Magdy El-Kordy said during the company’s general assembly meeting to approve its financial results.

El-Kordy presented the company’s key performance indicators, noting that AMOC posted a net profit after tax of  EGP 844 million during the period.

He added that exports reached around 42,000 tons of oils and waxes, a 40% increase compared to the same period in 2024, supported by the company’s expansion into new export markets.

El-Kordy also noted that AMOC has expanded its storage capacity to support increased production, including the construction of four new storage tanks with a total capacity of 10,000 cubic meters for oils, raffinates, and aromatic extracts.

Looking ahead, El-Kordy outlined the company’s 2026–2030 strategy, which aims to position AMOC as a regional hub for wax aggregation and production. The plan includes establishing new processing units for oil separation and hydrogenation to enhance product quality for specialized industries. The company also targets a 123% increase in production capacity, with expected output reaching 767,000 tons, equivalent to 108% of planned targets.

At the conclusion of the meeting, the General Assembly approved a cash dividend of EGP 0.40 per share. The meeting follows the Egyptian Exchange’s approval of AMOC’s fiscal year adjustment, which will now end on December 31 instead of June 30 each year.

In February, AMOC reported a 14% increase in its consolidated sales in the first half (H1) of the fiscal year (FY) 2025/26 compared to the previous year’s figure of  EGP 20.74 billion.