Misr Beni Suef Cement News - Mubasher Info
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14 March 12:06 PM

Misr Beni Suef Cement (MBSC)

Last update: 12 March 01:25 PM market time.
274.98
104.86
61.64%
Open 274.71
Previous Close 170.12
High 276.94
Low 273.00
Stock Statistics
Volume 35,880
Turnover 9,860,098.00
All data are 15 minutes late during market session

News

Photo Archive
24 November 2024 02:57 PM Arab Investment Bank sells EGP 287.5m shares in Misr Beni Suef Cement
Cairo – Mubasher: Arab Investment Bank sold the majority of its stake in Misr Beni Suef Cement at a value of EGP 287.30 million, according to a bourse disclosure. The lender sold 6.11 million shares in the EGX-listed company at an average price of …
Companies Investments
Photo Archive
6 June 2024 01:09 PM Misr Beni Suef Cement’s net profit shrinks to EGP 41m in Q1-24
Cairo – Mubasher: Misr Beni Suef Cement’s net profit declined to EGP 41.52 million in the first quarter (Q1) of 2024 from EGP 61.36 million in the equivalent period the year before. Net sales leapt to EGP 666.59 million in Q1-24 from EGP 276.32 …
Financial Results
Photo Gallery
22 April 2024 11:19 AM Misr Beni Suef Cement to pay EGP 260m in dispute settlement
Cairo – Mubasher: Misr Beni Suef Cement has agreed to pay EGP 260 million to settle a contractual dispute with Arab Swiss Engineering Company (ASEC), a subsidiary of Qalaa Holdings. Under the settlement deal, Misr Beni Suef Cement will receive an …
Law
Photo Archive
6 March 2024 04:57 PM Misr Beni Suef Cement swings to profitability in 2023
Cairo – Mubasher: Misr Beni Suef Cement shifted towards profitability during the financial year 2023, recording a net profit of EGP 369.10 million, compared to a net loss of EGP 145.94 million a year earlier. Sales surged to EGP 2.03 billion last …
Financial Results
Photo Archive
21 February 2024 11:49 AM National Investment Bank lowers stake in Misr Beni Suef for EGP 504.5m
Cairo – Mubasher: The National Investment Bank reduced its equity ownership in Misr Beni Suef Cement to 14.99% from 15.03%, according to a bourse disclosure. The lender sold 10,351 shares in the EGX-listed firm at a value of EGP 504.42 million and …
Banking and Finance
Photo Archive
1 October 2023 00:46 PM Misr Beni Suef eyes capital reduction
Cairo – Mubasher: The board members of Misr Beni Suef Cement agreed to cut the issued capital by EGP 67.92 million to EGP 611.38 million from EGP 679.28 million, according to a bourse disclosure. The EGX-listed firm will proceed with capital …
Corporate Actions
Photo Archive
3 August 2023 00:43 PM Misr Beni Suef records nearly EGP 105m profits in H1-23
Cairo – Mubasher: Misr Beni Suef Cement posted net profits after tax amounting to EGP 104.85 million in the first half (H1) of 2023, higher than EGP 44.63 million in H1-22. Revenues stood at EGP 807.72 million during January-June 2023, an annual …
Financial Results
Photo Archive
13 June 2023 01:42 PM National Investment Bank cuts stake in Misr Beni Suef
Cairo – Mubasher: National Investment Bank (NBI) has reduced its equity ownership in Misr Beni Suef to 15.02% from 20.10%, according to a bourse disclosure The lender sold 4.87 million shares in the EGX-listed firm for EGP 153.56 million at an …
Companies Investments
Photo Archive
31 May 2023 02:37 PM Misr Beni Suef witnesses higher profits in Q1-23
Cairo – Mubasher: The net profits after tax of Misr Beni Suef Cement hiked to EGP 61.36 million in the first quarter (Q1) of 2023, compared to EGP 47.65 million in Q1-22. The sales retreated to EGP 276.32 million in Q1-23 from EGP 436.38 million …
Financial Results
Photo Archive
26 February 2023 03:10 PM Misr Beni Suef swings to EGP 146m losses in 2022
Cairo – Mubasher: Misr Beni Suef Cement (MBSC) shifted to net losses after tax worth EGP 145.94 million in 2022, against net profits of EGP 169.05 million in 2021. The EGX-listed firm reported sales worth EGP 1.84 billion last year, higher than …
Financial Results
Photo Archive
14 November 2022 02:55 PM Misr Beni Suef Cement shifts to losses in 9M-22
Cairo – Mubasher: Misr Beni Suef Cement (MBSC) turned to consolidated net losses of EGP 388.27 million in the first nine months (9M) of 2022, versus net profits of EGP 83.30 million in the year-ago period. Loss per share amounted to EGP 5.63 in …
Financial Results
Photo Archive
30 May 2022 01:07 PM Misr Beni Suef Cement logs EGP 48m profits in Q1-22
Cairo – Mubasher: Misr Beni Suef Cement (MBSC) has registered net profits after tax worth EGP 47.65 million during the first quarter (Q1) of 2022, a surge from EGP 37.42 million in Q1-21. The company's revenues leaped to EGP 436.38 million in …
Financial Results
Egypt's Prime Minister raised the price of natural gas for factories
31 October 2021 06:10 PM EGX-listed firms reveal impact of gas price hike on operations
By: Heba El-Kordy Cairo – Mubasher: Companies operating in the production of iron, cement, and fertilisers disclosed to the Egyptian Exchange (EGX) the impact of the government's decision to increase natural gas prices for factories by about 28% …
Company News
The cement producer’s sales slid to EGP 255.92 million
9 June 2021 01:10 PM Misr Beni Suef Cement's profit slides 37% in Q1-21
Cairo – Mubasher: Misr Beni Suef Cement (MBSC) reported net profits of EGP 37.42 million during the first quarter (Q1) of 2021, down by 37% year-on-year (YoY) from EGP 59.37 million. The cement producer’s sales slid to EGP 255.92 million in the …
Financial Results
The cement producer achieved net profits of EGP 76.38 million in 2020
28 March 2021 00:00 PM Misr Beni Suef Cement's shareholders approve dividends for 2020
Cairo – Mubasher: The ordinary general meeting of Misr Beni Suef Cement (MBSC) approved a cash dividend of EGP 1.5 per share for 2020. Join Du Trade today and invest in stocks without paying commission .. Click Here The total value of approved …
Cash Dividends
14 May 2020 04:00 PM Misr Beni Suef Cement's profit doubles in Q1-20
Cairo – Mubasher: Misr Beni Suef Cement (MBSC) reported a 101% year-on-year (YoY) surge in its net profits during the first quarter of 2020. The cement producer’s net profits soared to EGP 59.37 million in the three-month period ended on 31 March, …
Financial Results
Profits amounted to EGP 67.11 million from January to September 2019
14 November 2019 05:16 PM Misr Beni Suef Cement profits down 72% in 9M
Cairo – Mubasher: Misr Beni Suef Cement (MBSC) Company reported a decline in profits during the first nine months of 2019 by 72%, as shown by the company’s financial statements. Profits amounted to EGP 67.11 million from January to September 2019, …
Financial Results
(Photo credit: Arabianeye - Reuters)
18 April 2017 00:38 PM Misr Beni Suef Cement OGM approves cash dividends
Cairo – Mubasher: Misr Beni Suef Cement’s ordinary general meeting (OGM) has approved to distribute cash dividends of EGP 2 per share for fiscal year 2016. The OGM also agreed to transfer EGP 39.19 million to retained profits, a bourse statement …
General Assembly
Misr Beni Suef Cement reports EGP 20.9m profits in Q3
14 November 2016 05:57 PM Misr Beni Suef Cement reports EGP 20.9m profits in Q3
Cairo – Mubasher: Misr Beni Suef Cement reported net profits of EGP 20.9 million for the third quarter of 2016, down 21% y-o-y. The cement producer registered net profits of EGP 26.5 million for the same period of the previous year. As for the …
Financial Results
Earlier, the company paid EGP 181.4 million as the second line’s fees to IDA - Photo Credit: Reuters
4 October 2016 01:33 PM Misr Benif Suef case against IDA delayed
Cairo – Mubasher: Misr Beni Suef Cement stated Tuesday that the lawsuit filed against the Industrial Development Authority (IDA) in 2011 was postponed concerning the second line, according to a bourse filing on Tuesday. Earlier, the company paid …
Corruption
The company is capitalized at EGP 750 million - Photo Credit: Reuters
4 September 2016 01:57 PM Record date for Misr Beni Suef dividends 25 Sept.
Cairo – Mubasher: Misr Beni Suef Cement said Sunday that shareholders of record until 25 September would be entitled to its cash dividends at EGP 1.5 a share, totaling EGP 112.5 million for the fiscal year 2015, according to bourse filing. The …
Cash Dividends
Profits surged 73.4% in H1-16 - (Photo Credit: Arabianeye-Reuters)
11 August 2016 03:34 PM Misr Beni Suef posts 70% rise in H1-16 profits
Cairo - Mubasher: Misr Beni Suef Cement Company (MBSC) reported a 70% increase in profits in the second quarter of 2016, reaching EGP 33.1 million ($3.7 million), compared to EGP 19.5 million ($2.2 million) in the same period last year. As for the …
Financial Results
Photo Credit: Arabianeye-Reuters
26 May 2016 01:52 PM Misr Beni Suef’s Q1 profits increase 75.3%
Cairo-Mubasher: Misr Beni Suef Cement posted a 75.3% growth in profits the first quarter’s profits in the fiscal year 2016 as compared to the previous fiscal year, according to an issued statement. The EGX-listed company saw net earnings worth EGP …
Financial Results
Photo Credit: Arabianeye - Reuters
18 February 2016 01:03 PM Misr Beni Suef annual profits plunge 65%
Cairo – Mubasher: The unaudited financial results of Misr Beni Suef Cement showed that its profits for the period ended 31 December 2015 tumbled 65% year-over-year to EGP77.9 million from EGP225.2 million. Shareholders are invited to attend the …
Financial Results
Photo Credit: Arabianeye - Reuters
10 December 2015 11:15 AM Misr Beni Suef eyes producing 200,000 tons of SRC
Cairo - Mubasher: Misr Beni Suef Cement announced that it has started the production of Sulphate Resisting Portland Cement (SRC), which is used in the foundation of tunnels and special construction projects. The company seeks to produce 200,000 …
Companies Investments