National Cement Company
The company’s financial indicators showed a total loss of LE 486.1 million during the same period of the current fiscal year.
The board of directors specified the price of a ton’s production at LE 1,550 in the new budget.
The Parliament decided to open the case of the National Cement Company, whose workers started a hunger strike and a sit-in nearly a week ago.
The company said that its losses widened 136.7 percent, reaching LE 496 million, compared to LE 209.5 million in H1 of fiscal year 2016/2017.