Cairo - Mubasher: Misr Beni Suef Cement Company (MBSC) reported a 70% increase in profits in the second quarter of 2016, reaching EGP 33.1 million ($3.7 million), compared to EGP 19.5 million ($2.2 million) in the same period last year.
As for the six-month period ended 30 June 2016, profits surged 73.4% year-on-year to EGP 94.6 million ($10.7 million), from EGP 54.5 million ($6.2 million) in H1-15, according to a bourse filing on Thursday.
The company’s stock ended Thursday’s trading session at the Egyptian Stock Exchange (EGX) up 2.3%, closing at EGP 22 per share.
