BRIEF-Egypt's Arabian Cement FY consol profit falls

Mon Mar 20, 2017 8:16am GMT

March 20 (Reuters) - Arabian Cement Co:

* FY consol net profit EGP 245 million versus EGP 277.2 million year ago

* FY consol revenue EGP 2.35 billion versus EGP 2.26 billion year ago

* FY standalone net profit EGP 245.9 million versus EGP 289.4 million year ago

* FY standalone revenue EGP 2.29 billion versus EGP 2.24 billion year ago

* Board recommends cash dividend of EGP 0.53 per share for year 2016

* EGP floatation had negative impact of EGP 81.1 million on standalone results

* Says No EGP floatation impact on FY consol results Source: ( Source: ( Further company coverage: )

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