ArabFinance: Sinai Cement Company posted a consolidated net profit before minority interest of EGP 259.633 million in the first half (H1) 2021, according to the company’s financial statements filed to the Egyptian Exchange.
This marked a Year on Year (YoY) rise of 5% when compared to EGP 247.626 million in H1 2020.
Sinai Cement reported a standalone net loss of EGP 252.666 million in the first half (H1) 2021.
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.