Misr Beni Suef Cement posted a 25 percent fall in nine-month net profit to LE 221.1 million ($38.43 million), the stock exchange said on Thursday.
The bourse’s statement did not give further details.
The company had made a net profit of LE 294 million in the same period a year earlier. –Reuters
HED: National Cement net profit drops 17 pct
National Cement’s net profit for the July-September quarter fell 17 percent from a year earlier, the stock exchange said on Wednesday.
Net profit for the three months was LE 54.5 million ($9.5 million), down from LE 65.8 million in July-September 2009, the exchange said without adding details.
National Cement, majority controlled by state-owned Chemical Industries Holding Co., produces and trades cement, clinker and other related construction materials.
