Cairo – Mubasher: Sinai Cement turned profitable during the third quarter of 2016, the consolidated results revealed.
The company registered EGP 7.65 million profits in Q3 against EGP 24.47 million losses for the year-ago period.
Over the first nine months as well, the company turned a profit after earning EGP 23.02 million versus EGP 53.16 million losses, taking into account minority rights.
The stock quote rose 0.05% to EGP 21.5 by 11:42am Cairo time.
