Cairo - Mubasher: Sinai Cement has reported losses of EGP 253.5 million in the first nine months of the year, against profits of EGP 21.8 million for the same in 2016, as shown by the company’s independent financial statements.
During the nine-month period, sales volumes rose to EGP 939.29 million up from EGP 929.22 million in the corresponding period in the year before.
On the other hand, sales costs also grew to EGP 972.2 million from EGP 235.3 million.
