Egypt’s Misr Cement H1 Profit Falls

Egypt’s Misr Cement H1 Profit Falls

Egypt’s Misr Cement announces the consol net profit after tax at EGP 50.6 mn versus EGP 137.6 mn year ago, Invest-Gate reports.

The first half of consol revenue hit EGP 1.21 bn versus EGP 1.32 bn a year ago, according to the company’s financial statement.

Founded in 1997 by the Egyptian Federation for Construction and Building Contractors, MISR Cement Company has been engaged in the manufacture and marketing of cement and cement-related products in Egypt and abroad.

Menna A. Farouk 368 Posts

Menna A. Farouk is a Cairo-based reporter. She has contributed to several international news organizations, including Deutsche Welle, Al-Monitor and Global Voices.


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