Mubasher TV
Contact Us Advertising   العربية

Misr Cement sees higher consolidated net profits at EGP 784m in H1-25

Misr Cement sees higher consolidated net profits at EGP 784m in H1-25
Photo Archive
Misr Cement - Qena
MCQE
4.01% 79.10 3.05

Cairo - Mubasher: Misr Cement – Qena registered consolidated net profits after tax worth EGP 784.12 million in the first half (H1) of 2025, marking an annual leap from EGP 16.93 million.

The net sales stood at EGP 3.87 billion as of 30 June 2025, compared with EGP 2.29 billion in H1-24, according to the financial results.

During the second quarter (Q2) of 2025, the company turned profitable at EGP 473.42 million, against consolidated net losses of EGP 15.51 million in Q2-24.

Meanwhile, the net sales reached EGP 2.05 billion in the April-June 2025 period, an annual surge from EGP 1.04 billion in Q2-24.

Standalone Results

The EGX-listed company achieved year-on-year (YoY) higher non-consolidated net profits at EGP 347.46 million in the first six months (6M) of 2025, compared to EGP 81.30 million.

Non-consolidated net sales amounted to EGP 1.57 billion in H1-25, versus EGP 1.02 billion as of 30 June 2024.

The basic and diluted earnings per share (EPS) hit  EGP 3.02 in January-June 2025, compared to EGP 0.78 in the same period last year.

In the three-month period that ended on 30 June 2025, the standalone net profits jumped to EGP 182.10 million from EGP 32.66 million in Q2-24, while the net sales jumped to EGP 801.16 million from EGP 449.27 million.