ArabFinance: Sinai Cement Company incurred a consolidated net loss before minority interest of EGP 147.976 million in quarter one (Q1) 2021, according to the company’s financial statements filed to the Egyptian Exchange.
This marked a Year on Year (YoY) rise of 40% when compared to EGP 105.808 million loss incurred in Q1 2020.
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.