Sinai Cement is engaged in the manufacture and packing of different types of cement and its related products.
The Egypt-based company also produces clinker, cement, and other related products, in addition to cement packing bags.
Sinai Cement loss widens
Updated 4/1/2021 2:04:00 PM
ArabFinance: Sinai Cement Company reported a 25% Year on Year increase in its consolidated net loss in 2020, according to the company’s April 1st financial statements filed to the Egyptian Exchange.
Consolidated net loss before minority interest stood at EGP 560,267,149 in 2020, compared to EGP 446,124,055 achieved a year earlier.
Standalone net loss reached EGP 553,980,629 in 2020, a 25% rise from EGP 442,252,456 posted in 2019.
