Misr Cement Qena sees a fall in net profit

Misr Cement Qena has released its financial report for the first nine months of the financial year ended 30 September 2017. The company has seen a fall in consolidated net profit to EGP38.55m (US$2.18m) from EGP234.68m in the year-ago period, according to Arab Finance.

The company also reported a standalone net profit of EGP37.52m, down from EGP234.68m of 9M16.