Misr Beni Suef’s first half profits plunge

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Egypt: Misr Beni Suef Cement has reported net profits for the six months to 30 June 2019 of US$2.76m, down by 78.8% from US$13.0m in the same period of 2018. This is part of a wider profit slump for Egyptian domestic cement producers, with Misr Cement Qena’s first half figure down by 85.2% to US$0.87m from US$6.00m a year ago.

Last modified on 28 August 2019

URL: https://globalcement.com/news/item/9762-misr-beni-suef-s-first-half-profits-plunge

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