Egypt’s Misr Cement Qena reported a nine per cent rise in net profit in the three months to the end of March, the stock exchange said on Wednesday.
The exchange said in a statement net profit was E£69.5m ($12.2m), compared with E£63.7m in the same period of 2006.
No further details were given in the statement.
In March, ASEC Cement, a subsidiary of Egypt-based Citadel Capital, bought a 9.9 per cent state in Misr Cement Qena for about E£240m.
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The exchange said in a statement net profit was E£69.5m ($12.2m), compared with E£63.7m in the same period of 2006.
No further details were given in the statement.
In March, ASEC Cement, a subsidiary of Egypt-based Citadel Capital, bought a 9.9 per cent state in Misr Cement Qena for about E£240m.
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