Misr Beni Suef Cement’s profit jumps in 2021
Updated 2/27/2022 12:21:58 PM
ArabFinance: Misr Beni Suef Cement Company (MBSC) posted a net profit after tax of EGP 169.05 million for 2021, surging from EGP 76.38 million in 2020, according to the company’s financial statement filed to the Egyptian Exchange (EGX).
Meanwhile, the company’s sales fell slightly to EGP 1.12 billion last year from EGP 1.19 billion in 2020.
Established in 1997, MBSC operates within the materials sector focusing on construction materials.
MBSC is located in the center of Egypt, 190 km south of Cairo. It started production in 2003 with a plant of one cement production line. In 2006, the company built one new cement production line.
