Egypt’s Abo ALHol eyes 750mn pounds in sales at end-FY2016/17

Egypt’s state-run oil and soap maker, Abo ALHol says it is planning to increase sales to 750 million Egyptian pounds ($41.1 million) at the end of financial year 2016/2017.

Chairman Mahmoud Badran told Amwal Al Ghad on Wednesday that the company’s production capacity rose from 2,000 tonnes per day to 2,500 tonnes per day since May 2016.