Cairo – Mubasher: Misr Cement – Qena posted a decline of 16.4% in net profits for the third quarter of 2016.
The company reported net profits of EGP 56.35 million for Q3 – 2016, down from EGP 67.4 million for the same period of the previous year.
As for the first nine months of 2016, the cement producer saw net profits of EGP 234.7 million.
The company also reported revenues of EGP 2.004 billion for such nine – month period of 2016.
