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National Cement turns to loss in H1

National Cement turns to loss in H1
National Cement
NCEM
0.00% 15.19 0.00

National Cement Co. (NCC) posted financial indicators for the first half of the fiscal year 2014/2015, showing nearly EGP 228 million net loss, against EGP 19 million net profit in the same period a year earlier.

The company had logged EGP 77.9 million net loss for the first quarter of FY14/15, versus EGP 3.25 million net profit in the corresponding period in FY13/14.

Photo Credit: Arabianeye-Reuters