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Expectations on the development of the sphere division in the last quarter of 2018



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It is expected that the fourth phase of the fourth division of the invention will be a slight increase due to a 9.2% increase in normal sales prices, which are currently in place; Arrive LE 938 per ton, but it is expected that weak performance will continue for the next three or four quarters, The gap between supply and a 31 million tonnes.

He also stated that the benefits of the collapse makers have reduced as many as the increase in the cost of 50 to 70 pounds per tonne in the third quarter, after the last installment, although it fell 2.8% retail prices per quarter, despite 10.9% year-on-year increase.

The report stated that the third quarter Arab Cement income reached 808 million LE, up 20% per annum and a quarter of 11% behind the revival, and the overall rate fell to 7.3% in the third quarter of 2018 compared to 15.3% in the third quarter of 2017, and 16.2% in the second quarter of 2018. The net income fell by 98% per annum and 96% rose to 2 million pounds. It was anticipated that the effect of transferring its company's export would be reduced. The cash cost per tonne is higher than the prices of exports (32-34 dollars per tonne)). The stock trades for 2019 will be 4.2 times as profit diversification and 3.4 times as the value of the enterprise to profit before they become interested, taxed and reduced. Call, and $ 34 to set value for every ton.

Misr Beni Suef Cement received an EGP 385 million income, up 8% per annum and 14% per annum, due to lower levels. Fell to surplus to 0.8% compared to 19.3% in the second quarter of 2018 and 1.6% in the third quarter. Although he saved the net net income of his company after going to # 39; reaching LE 22 million, up 128% per annum and 75% down per quarter. Net cash reached LE 1,053 million (EGP 14.0 / share) The 2019 6.0 division is now a profit multiply, 0.8 times as a fixed value for profit before interest, tax, depreciation and resumption, and 7 dollars such as EV N.

The report stated that Misr Cement Qena had an income registration of LE 811 million in the third quarter, an increase of 21% annually and 26% per quarter due to the recovery of a revival. The total profit was down to 17.2% compared to 17.6% in the third quarter of 2017. And 24.0% in the third quarter of 2018. Income from shareholders and investment companies with LE 2 million , compared to a 12 million net loss in the third quarter and a net income of 28 million in the second quarter. The report expects the debt service to be highlighting the performance of its company in the future and that sections will company for 2019 to be collected at 3.5 times as profit diversification, 2.5 times the value of the property before EBITDA, and $ 29 each design.


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