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 similar period of the preceding year.

The cement producer said earlier, it saw profits of EGP 19.7 million for the first quarter of the fiscal year 2015/16 against losses of EGP 77.9 million for the same period of the previous year.