Net Loss

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National Cement posts net loss in 1HFY18

National Cement posts net loss in 1HFY18

National Cement has announced that its losses increased during the first half of FY18, ended December 2017. The loss increased by 136.7 per cent, to EGP496m (US$28m) from EGP209...

Egypt: NCC incurs US$13.5m losses

Egypt: NCC incurs US$13.5m losses

Egypt’s National Cement Company (NCC) incurred net losses of EGP119.9m (US$13.5m) during fiscal year 15-16, an improvement when compared to the EGP282.5m registered for the prev...