Misr Beni Suef posts profits H1 2004

Misr Beni Suef posts profits H1 2004
Published: 17 August 2004

Egyptian cement producer Misr Beni Suef Cement (MBSC) posted a net profit of
19.63m Egyptian pounds (US$3.2m) for the first half of 2004, up 15.7 per cent year-on-year. The company’s net sales rose 83.9 per cent to 125.15m pounds (US$20.1m), while the cost of goods sold rose 47.8 per cent to 67.41m pounds (US$10.8m).