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Arabian Cement Company's profit plunges to EGP 6M in 1Q2019

Arabian Cement Company's profit plunges to EGP 6M in 1Q2019

ArabFinance: Arabian Cement Company (ACC) (ARCC) announced in a statement sent to EGX, the audited financial results for the fiscal period starting January 1, 2019, and ending March 31, 2019.

The company posted consolidated net profits of EGP 5,976,023, versus net profits of EGP 162,013,443 in the same period a year ago, taking into account the minority rights. 

Moreover, it posted standalone net profits of EGP 4,234,229, versus net profits of EGP 160,953,256 in the same period last year.

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