Misr Cement - Qena
MCQE
-1.55%
17.79
-0.28
MCQE
Cairo – Mubasher: Misr Cement – Qena’s consolidated net profit for the first quarter of fiscal year 2017 declined 27% to EGP 50.51 million, versus EGP 69.44 million for Q1-16.
Sales decreased in Q1-17 to EGP 625.5 million from EGP 723.06 million in Q1-16, according to a bourse filing released on Sunday.
Standalone profit for Q1-17 increased 75.5% to EGP 64.4 million, compared to EGP 36.68 million for Q1-16.
Source:
Mubasher