National Cement News - Mubasher Info
Mubasher TV
Contact Us Advertising   العربية

National Cement (NCEM)

Last update: 15 September 2021 00:29 PM market time.
15.19
0.00
0.00%
Open 15.19
Previous Close 15.19
High 15.19
Low 15.19
Stock Statistics
Volume 220
Turnover 3,341.80
All data are 15 minutes late during market session

News

Photo Credit: Arabianeye-Reuters
15 May 2017 00:09 AM National Cement turns to losses in Q1
Cairo - Mubasher: National Cement Company reported losses of EGP 40.4 million in the first quarter of fiscal year 2016-2017 against profits of EGP 19.7 million for the same period that year before, as shown by the company’s unaudited financial …
Photo Credit: Arabianeye-Reuters
2 May 2017 11:22 AM National Cement turns to losses in 9M
Cairo - Mubasher: National Cement reported losses of EGP 337.2 million during the nine-month period that ended 31 March 2017, against profits of EGP 2.6 million for the same period last year, as shown by the company’s financial statements. The …
(Photo credit: Arabianeye - Reuters)
11 April 2017 11:33 AM National Cement OGM approves draft budget for FY17/18
Cairo – Mubasher: The ordinary general meeting (OGM) of National Cement Company has adopted the budget draft for fiscal year 2017-2018. The company plans to achieve a net profit of EGP 17.7 million in FY17/18, 88.2% down from an estimated net …
(Photo credit: Arabianeye - Reuters)
26 March 2017 10:55 AM National Cement OGM to discuss FY17/18 budget 10 April
Cairo – Mubasher: National Cement said Sunday that its ordinary general meeting (OGM) will discuss on 10 April the estimated budget for fiscal year 2017/2018, according to a bourse filing. The company did not announce the estimated budget for the …
National Cement suffers EGP 209.5m losses in H1
1 February 2017 01:56 PM National Cement suffers EGP 209.5m losses in H1
Cairo – Mubasher: National Cement said its financial indicators for the first half of the fiscal year 2016 – 2017 reflected net losses of EGP 209.5 million. The cement producer logged losses of EGP 9.8 million at the comparable period of the …
National Cement in talks to restructure petrojet dues
29 November 2016 05:17 PM National Cement in talks to restructure petrojet dues
Cairo – Mubasher: National Cement said it still run negotiations with petrojet company to restructures due debts. The company noted that it did not reach any agreements so far, according to a bourse filling. National Cement posted EGP 40.4 million …
The sale was carried out as per valid legal measures - Photo Credit: Reuters
8 November 2016 00:52 PM National Cement says EGP 92.4m sale deal valid
Cairo – Mubasher: National Cement said Tuesday that it sold 210,000 cement clinker tonnes at EGP 440 each, totaling EGP 92.4 million.    The sale was carried out as per valid legal measures and FY16/17 budget estimates, the company added in a …
National Cement turns to losses in Q1
23 October 2016 04:44 PM National Cement turns to losses in Q1
Cairo – Mubasher: National Cement said it turned to losses in the first quarter of the fiscal year 2016/17. The company logged losses of EGP40.4 million in Q1-FY2016/17, against profits of EGP19.7 million for the comparable period of the previous …
National Cement studies operating brick and silica manufacturing plants
10 October 2016 05:39 PM National Cement studies operating brick and silica manufacturing plants
Cairo – Mubasher: Austrian company said it studies the probability of operating the two plants of manufacturing Brick and Silica. The company said it addressed an Austrian company to reevaluate the plants machines . The cost of reoperation of both …
National Cement suffers EGP 97.2m losses in FY15/16
18 September 2016 11:04 AM National Cement suffers EGP 97.2m losses in FY15/16
Cairo – Mubasher: National Cement said its losses widened by 18.4% in the fiscal year 2015/16 on the increasing provisions that reached EGP 37.2 million. The cement company logged losses of EGP 97.2 million ($10.9 million) in FY15/16, down from …
Cement company plant (Photo Credit: Reuters Arabia)
31 July 2016 00:45 PM National Cement losses deepen in Q4
Cairo – Mubasher: National Cement said it losses widened in the fourth quarter of the fiscal year 2015/16 by around 12.4 times. The cement producer logged losses of EGP 99.8 million in the fourth quarter of FY15/16, compared with EGP 7.4 million a …
National Cement targets EGP150 million profits (Photo Credit: Reuters)
19 April 2016 00:38 PM CIHC eyes timely regularization of National Cement for EGX listing
By Mahmoud Salah El-Din Cairo – Mubasher: Chemical Industries Holding Company (CIHC) is waiting for the right time to adjust the conditions of National Cement to EGX regulations for a possible IPO soon, said CIHC board member, Azza Abu Al-Farag. …
The company targets to gain EGP150 million  (Photo Credit: Reuters)
18 April 2016 11:35 AM National Cement approves 2016/17 budget
Cairo – Mubasher: The ordinary general meeting of National Cement Company approved 2016/17 budget estimate. In a bourse filing, the company said a net profit of EGP150 million is targeted in 2016/17. Moreover, it appealed for lowering gas prices …
Cement plant (Photo Credit: Arabianeye - Reuters)
17 April 2016 05:41 PM National Cement turns to profit in nine months
Cairo – Mubasher: National Cement Company posted unaudited financial results for the first nine months of the fiscal year 2015/16, showing that it turned to profitability. The cement producer generated EGP 2.6 million net profit after tax, against …
Photo Credit: Arabianeye- Reuters
8 February 2016 00:38 PM National Cement denies joint venture with Chinese firm
Cairo – Mubasher: National Cement negated the news circulating that it has received an offer from China – based AVIC to enter a joint venture of EGP 2 billion. Previously, news reports stated that National Cement is in the middle of negotiations …
Photo Credit: Arabianeye- Reuters
27 January 2016 00:41 PM National Cement turns to profitability in 6M
Cairo – Mubasher: National Cement said it turned to profitability in the first six months of the fiscal year 2015/16. The company said it saw net profits of EGP 9.8 million in the first half of 2015/16, against losses of EGP 22.81 million for the …
Photo Credit: Arabianeye- Reuters
29 September 2015 02:49 PM National Cement reports EGP 282m adjusted losses
Cairo – Mubasher: National Cement Co. said it reported adjusted losses of EGP 282.450 million in the fiscal year 2014/15, instead of EGP 237.57 million. The adjustments came on the request of the Accountability State Authority (ASA), said a bourse …
Photo Credit: Arabianeye - Reuters
24 August 2015 11:35 AM National Cement widens losses in FY14/15
National Cement losses widen in FY14/15 Cairo-Mubasher: National Cement's net losses widened 72.58% to EGP 237.57 million in the fiscal year 2014/2015, compared with EGP 138.39 million a year earlier. The company's revenues declined 9.76% to EGP …
Photo Credit: Arabianeye-Reuters
20 August 2015 00:30 PM National Cement pays EGAS debts of EGP 110m
Cairo-Mubasher: National Cement paid an amount of EGP 110 million to the Egyptian Natural Gas Holding Company (EGAS), as a down payment for a debt scheduling agreement, said a bourse statement. Last July, National Cement said it reached an …
Photo Credit: Arabianeye-Reuters
27 April 2015 11:04 AM National Cement eyes narrowed losses in FY15/16
National Cement said it is aiming to reduce its losses to EGP 90 million in the fiscal year 2015/16.The company's ordinary general meeting approved its estimated budget for FY15/16, the cement producer said in a bourse statement.The firm said …
Photo Credit: Arabianeye-Reuters
26 April 2015 00:07 PM National Cement suffers EGP 275m losses in 9M
National Cement reported EGP 275.1 million in losses in the nine-month period ended March 2015, against EGP 13.7 million in profits for the same period of the previous fiscal year.Meanwhile, the company's revenues plunged to reach EGP 642 million …
Photo Credit: Arabianeye-Reuters
25 February 2015 05:11 PM National Cement mulls EGP250m credit facility
National Cement Co. said it is in the middle of talks with four banks to obtain credit facility amounts to EGP250 million. The four banks are Commercial International Bank, Qatar National Bank, Banque Misr and Emirates NBD. The financial …
27 January 2015 11:32 AM National Cement turns to loss in H1
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 …
18 November 2014 02:27 PM National Cement requests capital top-up to EGP413m
National Cement Co. (NCC) has submitted a request to 95%-owner Holding Company for Chemical Industries to increase its paid-in capital from EGP 206.4 million to EGP 412.8 million.According the company’s statement, the capital increase …
30 October 2014 00:18 PM National Cement logs EGP78m loss in Q1
National Cement Co., a subsidiary of Holding Company for Chemical Industries, has posted EGP 77.9 million net loss for the first quarter of FY14/15, against EGP 3.25 million net profit reported in the same period a year …