Cairo – Mubasher: The unaudited financial results of Misr Beni Suef Cement showed that its profits for the period ended 31 December 2015 tumbled 65% year-over-year to EGP77.9 million from EGP225.2 million.

Shareholders are invited to attend the general meeting on 26 March to consider the company’s balance sheet.

Basic earnings per share reached EGP1.04 during 2015, versus EGP3 in 2014.

Further, the company’s profits for the first nine months of 2015 dropped 60% year-on-year to EGP81.1 million.