Cement News tagged under: Misr Cement (Qena)
Misr Cement (Qena) approves operations and maintenance programme20 June 2022, Published under Cement NewsThe board of directors of Misr Cement (Qena) have approved the operations and maintenance of the company’s factory, according to a filing to the Egyptian Exchange (EGX). The factory was managed by Arab Swiss Engineering Company (ASEC) under an agreement that ends ion 30 June 2022. On 16 May Misr Cement (Qena) reported a 106 per cent YoY increase in consolidated profit attributable to controlling shareholders during the 1Q22, recording EGP59.631m (US$3.18m). |
Misr Cement (Qena) announces 168% surge in profit15 November 2021, Published under Cement NewsEgypt’s Misr Cement (Qena) has reported a 168 per cent YoY surge in consolidated net profit during the first nine months of 2021, reaching EGP107.4m (US$6.84m) from EGP40.11m in the comparable period of 2020. Standalone net profit also advanced 78.9 per cent to EGP80.77m against EGP45.15m in the 9M20. |
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