Cairo – Mubasher: National Cement Company posted unaudited financial results for the first nine months of the fiscal year 2015/16, showing that it turned to profitability.
The cement producer generated EGP 2.6 million net profit after tax, against EGP 275 million net loss in the prior-year period.
Total revenues amounted to EGP 642 million, compared with EGP 642.4 million in the same period a year ago.
H1-15/16 net profit amounted to EGP 8.9 million, versus EGP 228,410 net loss in the first half of 2014/15.
