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Country-Plan Projects and Tenders |
| 9139 Subject |
زيادة في المبيعات والإرباح لشركة مصر قنا للاسمنت Misr Cement Co. Qena SAE publishing its financial statements for the first half of 2005 showing strong increases in sales and profits. |
| Date Published | Thursday, August 18, 2005 |
| Source Name | Al-Wafd |
| Location Name | Qena |
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Description Date Format: (mm/dd/yyyy) |
Misr Cement Co. Qena SAE, operating under law 159/81 & capitalized at L. E 300 million, fully paid up, has posted for the first half of 2005 some L.E. 66.3 million net profits on L.E. 207 million net sales. Figures compare with L.E. 36.5 million net profits posted during the same period of 2004 on L.E. 150.1 net sales. Net working capital as at 6/30/2005 increased to L.E. 22.1 million up from L.E. 17.7 million six months ago. On the other hand long term liabilities as at 6/30/2005 has declined to L.E. 276.5 million down from L.E. 343.6 million six months ago. Chairman & CEO is Eng. Mohamed Mahmoud Aly Hassan. |
| Sectors Section | Beneficiary Sectors - Industry Cement |
