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Misr Beni Suef’s Q1 profits increase 75.3%

Misr Beni Suef’s Q1 profits increase 75.3%
Photo Credit: Arabianeye-Reuters
Misr Beni Suef Cement
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-7.25% 40.97 -2.97

Cairo-Mubasher: Misr Beni Suef Cement posted a 75.3% growth in profits the first quarter’s profits in the fiscal year 2016 as compared to the previous fiscal year, according to an issued statement.

The EGX-listed company saw net earnings worth EGP 61.46 million ($6.9 million) in Q1-16, compared to EGP 35.01 million ($3.9 million) in Q1-15.