Cairo – Mubasher: Sinai Cement incurred consolidated net losses after tax of EGP 323.28 million in the first nine months (9M) of 2021, down 23.9% from EGP 424.98 million in the same period of 2020.
The company's revenues increased to EGP 984.76 million in the January-September period of 2021, compared to EGP 588.69 million in the year-ago period, according to a bourse filing on Tuesday.
It is noteworthy to mention that during the first half (H1) of 2021, the company logged net losses of EGP 252.66 million, compared to EGP 245.69 million in the corresponding period of 2020.
