Misr Beni Suef Cement registers EGP 76M profit
Updated 2/24/2021 11:56:08 AM
ArabFinance: Misr Beni Suef Cement Company (MBSC) recorded a net profit of EGP 76.38 million in 2020, compared to EGP 80.25 million in 2019, according to the company’s disclosure to the Egyptian Exchange on February 24th.
During the first nine months of 2020, the company reported a 90% Year on Year leap in its net profit, recording EGP 127.27 million, compared to EGP 67.11 million.
Established in 1997, MBSC operates within the materials sector focusing on construction materials.
MBSC is located in the center of Egypt, 190 km south of Cairo. It started production in 2003 with a plant of one cement production line. In 2006, the company built one new cement production line.
