Cairo – Mubasher: Misr Cement – Qena said it targets net profits of EGP 236.2 million according to its estimated budget for 2017, compared with EGP 188 million a year earlier.
The estimated budget also targets total sales worth EGP 1.6 billion and total financial costs up to EGP 148 million.
The company also stated that it eyes producing 2.25 million tons in 2017, where 100,000 tons will be allocated for exportation.
The cement producer reported net profits of EGP 234.7 million for the first nine months of 2016.
