Misr Cement Qena Co reported a 44.9 increase in sales to EGP5.839bn (US$115.4m) in 2024 from EGP4.029bn in the prior year.
The company’s net profit attributable to equity holders surged by 150.7 per cent to EGP237.678m in 2024 from EGP94.782m in 2023.
In terms of the standalone business, net profits after taxes grew to EGP215.751m in 2024 from EGP 75.809m in 2023, while the net sales climbed to EGP 2.76bn from EGP 1.661bn.