Cairo – Mubasher: The Egyptian Exchange announced that a block trading transaction was completed on Misr Cement – Qena for 1.99 million shares worth EGP 183.6 million, according to a bourse filing on Tuesday.
Earlier, the company signed a credit facility agreement worth EGP 210 million with three banks.
Over Q4-16, the company earned EGP 57.56 million, higher 65.97% year-on-year from EGP 34.68 million, the unconsolidated results revealed on Sunday.
Meanwhile, unconsolidated profits for 2016 declined 29.8% year-over-year to EGP 186.9 million from EGP 266.2 million.
The company is capitalized at EGP 298.78 million, distributed across 29.9 million shares at EGP 10 par value each.
