Samcrete Misr (SMCS)

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News

4 October 2020 10:44 AM Samcrete Misr to guarantee $12m loan for Al Dau Al Haram

Cairo – Mubasher: The extraordinary general meeting (EGM) of Samcrete Misr approved a decision to guarantee a $12 million loan for Al Dau Al Haram for Hotels Operations in an agreement with the European Bank for Reconstruction and Development …

Company News

4 September 2019 11:51 AM Samcrete Misr logs EGP 211m standalone profit in 2018

Cairo – Mubasher: Samcrete Misr reported a 119% year-on-year profit growth during 2018, the company’s standalone financial results showed. Net profits amounted to EGP 211 million last year, compared to EGP 96.36 million in 2017, the company said …

Financial Results

21 April 2019 00:07 PM Samcrete Misr EGM nods to EGP 85m capital hike

Cairo – Mubasher: Samcrete Misr on Sunday announced that the company’s extraordinary general meeting (EGM) has approved a capital increase of EGP 85 million. Accordingly, the company’s capital will be raised to EGP 234.73 million from EGP 147.73 …

General Assembly

25 October 2018 02:53 PM Bank consortium to provide 90% of EGP 3.2bn loan for Samcetre Egypt

By: Eslam Fadl Cairo– Mubasher: A four-bank consortium has initially approved securing EGP 2.9 billion, or as much as 90%, of a EGP 3.2 billion loan for Samcrete Egypt Engineers and Contractors, according to banking sources. The bank consortium …

Companies Investments

1 August 2017 05:17 PM Samcrete turns to losses in 2016

Cairo - Mubasher: Samcrete Misr reported losses of EGP 11.3 million for fiscal year 2016 against profits of EGP 19.18 million in 2015, as shown by the company’s financial statements. Samcrete said in a statement to the Egyptian Exchange (EGX) on …

Financial Results

4 April 2017 11:03 AM Samcrete Misr Q4 profits surge 175%

Cairo – Mubasher: Samcrete Misr posted on Tuesday a rise of 175% in its net profit for the fourth quarter of fiscal year 2016 to EGP 11.11 million, compared to EGP 4.04 million for Q4-15. Net profit for FY16 amounted to EGP 15.04 million, 34.7% up …

Financial Results

27 December 2016 01:45 PM Samcrete Misr general meeting approves company’s splitting

Cairo – Mubasher: The extraordinary general meeting of Samcrete Misr gave a nod to splitting the company in to three companies, said a bourse filling. Samcrete said its capital following the splitting process will be EGP 112.2 million. The company …

General Assembly

20 November 2016 04:26 PM Samcrete turns profitable in Q3-16

Cairo - Mubasher: Samcrete Misr reported profits of EGP 3.15 million in the three-month period that ended on 30 September 2016 against losses of EGP 514,200 in the same period last year, according to a bourse filing. The company also said in its …

Financial Results

21 October 2016 03:10 PM Samcrete Misr profits down 65% in 2015

Cairo – Mubasher: Samcrete Misr's profits retreated 65.2% during the fiscal year of 2015, according to the consolidated results. The company saw net profits of EGP 19.2 million in FY 2015, compared to EGP 55 million in FY 2014, according to a …

Financial Results

11 October 2016 03:21 PM Samcrete Misr unit finishes designs of Pyramids Heights project

Cairo – Egypt: Samcrete Misr said it 77% owned unit -  Samcrete Egypt for Urban Development – has completed the whole designing works in respect to Pyramids Heights Business Park project. The Pyramids Heights Residences project is set in a very …

Companies Investments

18 August 2016 04:32 PM Samcrete Misr profits decline 97.7%

Cairo – Mubasher: Samcrete Misr posted a decline of 97.7% in net profits for the second quarter of 2016. The company saw net profits of EGP 150.620 in Q2-2016, compared with EGP 6.5 million for the same period of the previous year. As for the …

Financial Results

8 June 2016 10:48 AM Samcrete Misr profits fall 47% in Q1

Cairo – Mubasher: Samcrete Misr posted that its unconsolidated earnings declined to EGP 623,000 ($70,000) in the first quarter of 2016, down 46.7% from EGP 1.2 million ($131,200) a year earlier. In February, the company announced that its 77% …

Financial Results

10 February 2016 05:10 PM Samcrete Misr awarded Ahram Heights residential project

Cairo – Mubasher: Samcrete Misr said its 77% owned Samcrete Egypt for Urban Development has been awarded the contract of managing the development and marketing of Ahram Heights residential project. The project comprises 604 units with areas …

Companies Investments

24 November 2015 04:30 PM Samcrete Misr turns to profits in 2014

Cairo - Mubasher: Samcrete Misr saw net profits of EGP 55.1 million for the year ended December 2014, against losses of EGP 29,000 in the previous year. Meanwhile, the company saw revenues of EGP 678.7 million in 2014, up from EGP 437.9 million a …

Financial Results

8 September 2014 00:53 PM Samcrete EGM endorses company break-up

Samcrete Egypt- Engineers & Contractors held an extraordinary general meeting on Sunday, September 07, at head office. Shareholders gave the go ahead for the company’s break-up, and endorsed the method of splitting assets and liabilities, …

Corporate Actions

7 September 2014 10:43 AM Samcrete EGM to discuss split-up today

Samcrete Egypt- Engineers & Contractors will hold an extraordinary general meeting today, Sunday, September 07, 2014, 4:00 p.m. at head office.Shareholders will look into the reasons for the company’s break-up, method of splitting assets …

Corporate Actions

27 August 2014 05:01 PM Samcrete turns to loss, logs EGP29 THD in 2013

Samcrete Egypt – Engineers & Contractors posted consolidated financial statements for the fiscal year that ended on December 31, 2013, showing EGP 28.8 thousand net loss, against EGP 21.8 million net profit reported in the same period …

Financial Results