Net profit of Egypt’s Misr Beni Suef Cement increases by 5.6% in Jan-Sep.

Net profit of Egypt’s Misr Beni Suef Cement increases by 5.6% in Jan-Sep.
Published: 24 November 2008

The net profit of Egypt’s cement company Misr Beni Suef increased by 5.6% to EGP 223.3m (US$40.3m) for the first nine months of this year, the stock exchange said in a statement on its website without giving further details.

Earlier this year, the company said that a new production line would be added to bring the total production capacity from 1.5Mt to 3Mt which would help increase the company’s exports from cement.

Misr Beni Suef Cement is an Egypt-based company engaged in the production and sale of all types of cement and cement packaging materials.