Misr Cement - Qena (MCQE)

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News

16 November 06:45 PM Misr Cement witnesses 3,254% remarkable jump in 9M-25 consolidated net profits

Cairo – Mubasher: Misr Cement – Qena generated EGP 1.71 billion in net profits including minority interest during the first nine months (9M) of 2025, signaling a 3,254% leap from EGP 51.02 million in 9M-24. As for the standalone business, the …

Financial Results

10 August 05:43 PM Misr Cement sees higher consolidated net profits at EGP 784m in H1-25

Cairo - Mubasher: Misr Cement – Qena registered consolidated net profits after tax worth EGP 784.12 million in the first half (H1) of 2025, marking an annual leap from EGP 16.93 million. The net sales stood at EGP 3.87 billion as of 30 June 2025, …

Financial Results

19 November 2024 04:35 PM Misr Cement delivers solid financial performance in 9M-24; sales hit EGP 4.1bn

Cairo – Mubasher: Misr Cement – Qena posted higher consolidated net profits after tax at EGP 51.03 million in the first nine months (9M) of 2024, compared to EGP 21.75 million in 9M-23. The revenues reached EGP 4.10 billion as of 30 September …

Financial Results

19 August 2024 11:02 AM Misr Cement’s H1-24 consolidated profits fall to EGP 17m

Cairo – Mubasher: Misr Cement – Qena logged consolidated net profits valued at EGP 16.93 million in the first half (H1) of 2024, an annual plunge from EGP 63.68 million. Revenues hiked to EGP 2.29 billion in H1-24 from EGP 1.90 billion a year …

Financial Results

28 May 2024 01:10 PM Misr Cement logs EGP 32m consolidated profit in Q1-24

Cairo – Mubasher: Misr Cement – Qena posted a consolidated net profit after taxes and before non-controlling interest of EGP 32.45 million during the first quarter (Q1) of 2024, down from EGP 85.47 million in the equivalent quarter in 2023. Net …

Financial Results

4 March 2024 04:40 PM Misr Cement’s consolidated profit rises 12% YoY in 2023

Cairo – Mubasher: Misr Cement – Qena posted a 12% year-on-year (YoY) decline in consolidated net profit to EGP 115 million in 2023 from EGP 132 million a year earlier. The company’s consolidated net sales, on the other hand, surged 43% YoY to EGP …

Cash Dividends

15 November 2023 03:40 PM Misr Cement’s consolidated profits exceed EGP 41m in 9M-23

Cairo – Mubasher: Misr Cement – Qena posted lower consolidated net profits at EGP 41.35 million in the first nine months (9M) of 2023, versus EGP 119.52 million in 9M-22. Revenues amounted to EGP 2.83 billion in 9M-23, an annual hike of 44% from …

Financial Results

17 August 2023 01:39 PM Misr Cement posts plunge in H1-23 profits, turns to losses in Q2

Cairo – Mubasher: The consolidated net profits after tax of Misr Cement – Qena hit EGP 63.68 million in the first half (H1) of 2023, versus EGP 85.69 million in H1-22, including minority shareholders' rights. Net sales hiked to EGP 1.90 billion in …

Financial Results

26 June 2023 01:43 PM Misr Cement’s shareholders nod to EGP 240m capital hike

Cairo – Mubasher: The shareholders of Misr Cement – Qena agreed to increase the company’s issued and paid-up capital by EGP 240 million, according to a bourse disclosure. The capital hike amount will be distributed over 24 million shares at a …

Management Decisions

3 April 2023 03:25 PM Misr Cement increases cash dividends for 2022

Cairo – Mubasher: The ordinary general meeting (OGM) of Misr Cement – Qena agreed to pay out a cash dividend of EGP 0.75 per share for 2022, instead of EGP 0.50 per share. The distributable net profits amounted to EGP 72.26 million as of 31 …

General Assembly

28 February 2023 11:15 AM Misr Cement's 2022 consolidated profits cross EGP 131.5m; dividends unveiled

Cairo – Mubasher: Misr Cement – Qena posted consolidated net profits after tax worth EGP 131.61 million in 2022, down from EGP 173.89 million in 2021, including minority interest. The sales reached EGP 2.81 billion in the 12-month period that …

Board of Directors

14 November 2022 05:27 PM Misr Cement sees 20% lower consolidated profits in 9M-22

Cairo – Mubasher: The consolidated net profits after tax of Misr Cement - Qena declined by 20% to EGP 96.89 million in the first nine months (9M) of 2022, compared to EGP 122.06 million in 9M-21, including non-controlling interest. The net sales …

Financial Results

16 August 2022 08:45 PM Misr Cement’s consolidated profits hit EGP 86m in H1-22

Cairo – Mubasher: Misr Cement - Qena posted consolidated net profits after tax worth EGP 85.69 million during the first half (H1) of 2022, an annual surge of around 24% from EGP 69.10 million. Net sales went up by 1% year-on-year (YoY) to EGP 1.29 …

Financial Results

14 July 2022 06:18 PM Misr Cement unveils self-operation plans in Qena

Cairo – Mubasher: Misr Cement - Qena started the self-operation and maintenance process of its plant in Qena earlier in J uly to boost performance efficiency. This step came in line with the company’s growth strategy to reduce operating costs and …

Companies Investments

16 May 2022 00:38 PM Misr Cement posts 161% higher profits in Q1-22

Cairo – Mubasher: Misr Cement - Qena registered a 161.48% year-on-year (YoY) rise in the consolidated net profits to EGP 80.85 million in the first quarter (Q1) of 2022, compared to EGP 30.92 million in the same period of 2021. The company …

Financial Results

3 March 2022 01:48 AM Misr Cement records EGP 174m consolidated net profits in 2021

Cairo – Mubasher: Misr Cement - Qena achieved an increase in consolidated net profits, including minority interest, to EGP 173.89 million in 2021 from EGP 23.01 million in 2020. Net sales soared to EGP 2.52 billion last year from EGP 2.51 billion …

Financial Results

16 November 2021 04:51 PM Misr Cement logs 211% jump in 9M profits, unveils new identity

Cairo – Mubasher: Misr Cement – Qena Group recorded an annual leap of 211% in net profits to EGP 122 million during the first nine months of 2021 from EGP 39 million in the same period last year. Net sales amounted to EGP 1.89 billion in …

Financial Results

31 October 2021 07:10 PM EGX-listed firms reveal impact of gas price hike on operations

By: Heba El-Kordy Cairo – Mubasher: Companies operating in the production of iron, cement, and fertilisers disclosed to the Egyptian Exchange (EGX) the impact of the government's decision to increase natural gas prices for factories by about 28% …

Company News

19 August 2021 01:46 PM Misr Cement - Qena raises 2021 forecasts on ECA's decision

Cairo – Mubasher: Misr Cement - Qena approved the amended standalone financial targets in the 2021 budget in light of the Egyptian Competition Authority's (ECA) decision to reduce the output of portland cement in the local market.  The cement …

Financial Results

15 August 2021 01:00 PM Misr Cement – Qena reports 9.5% rise in H1 profits

Cairo – Mubasher: Misr Cement - Qena reported a rise in its consolidated net profits for the first half (H1) of the year by 9.5% to EGP 69 million, despite a decline in net revenues by about 4.5% to about EGP 1.29 billion. The cost of sales …

Financial Results

17 May 2021 02:47 PM Misr Cement - Qena posts EGP 31m profit in Q1

Cairo – Mubasher: Misr Cement Co. (Qena) logged EGP 30.92 million in net profits during the first quarter (Q1) of 2021, down by 33.6% year-on-year (YoY) from EGP 46.59 million, including minority shareholders' rights.  The cement producer’s sales …

Financial Results

24 February 2021 04:12 PM Misr Cement - Qena reports EGP 33.85m profit in 2020

Cairo – Mubasher: Misr Cement Co. (Qena) reported on Wednesday its financial results for 2020, announcing that it was able to achieve positive results despite the challenges of the Coronavirus pandemic. Misr Cement Co. (Qena) reported an increase …

Financial Results

15 November 2020 07:06 PM Misr Cement’s profit rises 32% in Q3-20

Cairo – Mubasher: Misr Cement Co. (Qena) reported consolidated net profits of EGP 39.20 million during the third quarter (Q3) of 2020, up by 31.79% year-on-year (YoY) from EGP 29.70 million. On the other hand, revenues declined to EGP 1.844 …

Financial Results

11 August 2020 05:49 PM Misr Cement Qena's profit jumps 330% in H1-20

Cairo – Mubasher: Misr Cement – Qena posted a 330% year-on-on-year (YoY) leap in its net profits, logging EGP 63.25 million in the first half (H1) of 2020, compared to EGP 14.69 million, including minority shareholders’ rights. The company’s sales …

Financial Results

23 June 2020 02:38 PM Mir Insurance sells shares in 2 firms, trims several stakes

Cairo – Mubasher: Misr Insurance Company and Misr Life Insurance Company lowered their stakes in Abu Qir Fertilizers, Misr Asset Management said in a statement to the Egyptian Exchange (EGX) on Tuesday. Misr Insurance Company sold 12.9 million …

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