Suez Cement profits drop 18.8% in Q2

Cairo – Mubasher: Suez Cement reported a decrease of 18.8% in net profits for the second quarter of 2016.

The Cement producer saw net profits of EGP 45.55 million for the second quarter of 2016, down from EGP 56.07 million for the same period a year earlier.

As for the first half of 2016, the company registered net profits of EGP 49.85 million down by 58% from EGP 118.9 million for the similar period of the previous year.

Mubasher Contribution Time: 21-Jul-2016 08:45 (GMT)
Mubasher Last Update Time: 21-Jul-2016 08:45 (GMT)