Cairo - Mubasher: Sinai Cement reported a net profit of EGP 52.6 million ($5.8 million) in the second quarter of 2016, versus a net loss of EGP 17.6 ($1.9 million) in the same period last year.

Profits reached EGP 15.37 million ($1.7 million) in H1-16, against EGP 28.69 million ($3.2 million) in losses in H1-15, according to the company’s statement to the Egyptian Stock Exchange (EGX) on Monday.