Cairo – Mubasher: Misr Cement – Qena earned EGP 57.56 million over the fourth quarter of 2016, higher 65.97% year-on-year from EGP 34.68 million, the unconsolidated results revealed on Sunday.
Over 2016, unconsolidated profits declined 29.8% year-over-year to EGP 186.9 million from EGP 266.2 million.
The company earlier announced achieving EGP 279.09 million consolidated profits over the fiscal year 2016.
The company is capitalized at EGP 298.78 million, distributed across 29.9 million shares at EGP 10 par value each.
