Misr Cement Qena (MCQ) posted financial indicators for the fiscal year that ended on December 31, 2014, showing that net profit rose 16.28% to EGP 315.62 million ($44.3 million), compared with EGP 271.44 million ($38.1 million) a year earlier.
The cement producer also reported an increase by 20.44% in FY14 revenues to EGP 1.150 billion, compared with EGP 955.6 million in FY13.
The company had posted a rise by 23.6% in net profit for the first nine months of FY14 to EGP 243.2 million, compared with EGP 196.7 million in the same period a year earlier.
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