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Arabian Cement sees profit plunge in 6 months

Arabian Cement sees profit plunge in 6 months

ArabFinance: Arabian Cement Company (ACC) (ARCC) announced, in a statement sent to EGX, the financial results for the fiscal period starting January 1, 2019, and ending June 30, 2019.

The company posted consolidated net profits of EGP 25.37 million, compared to net profits of EGP 212.76 million in the same period a year ago.

Moreover, it posted standalone net profits of EGP 26.76 million, compared to net profits of EGP 213 million in the same period last year.

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