Arab Finance: Misr Beni Suef Cement turned to losses in 2022, incurring EGP 145.94 million, according to the company’s financial income statement filed to the EGX on February 26th.
It is worth noting that the company recorded a net profit after tax of EGP 169.06 million in 2021.
Meanwhile, revenues saw a 64.6% yearly increase to reach EGP 1.84 billion last year from EGP 1.12 billion in 2021.