Arab Finance: The consolidated net profits attributable to the shareholders of Misr Cement Qena jumped by 94.49% year-on-year (YoY) to EGP 1.166 billion in the first half (H1) of 2026 from EGP 599.959 million, the financial results indicated.
Net sales hiked to EGP 4.938 billion in H1 2026 from EGP 3.878 billion in H1 2025.
Regarding the standalone business, net profits after tax climbed to EGP 1.241 billion at the end of June 2026 from EGP 347.467 million a year earlier, while earnings per share (EPS) climbed to EGP 10.65 from EGP 3.02.
Non-consolidated sales reached EGP 2.429 billion in the first six months of 2026, up YoY from EGP 1.575 billion.
In June, the EGX-listed group unveiled plans to boost reliance on alternative fuels at its Qena and Minya plants to enhance operational efficiency, reduce costs, and improve environmental sustainability.