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Samcrete turns profitable in Q3-16

Samcrete turns profitable in Q3-16
Profits reached EGP 3.15 million in the third quarter of 2016 - (Photo Credit: Arabianeye-Reuters)
Samcrete Misr
SMCS
0.00% 16.37 0.00

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 statement to the Egyptian Exchange (EGX) on Sunday that profits reached EGP 3.93 million in the first nine months of the year compared to EGP 7.125 million in the same period in 2015.