EARNINGS WATCH- Sinai Cement reports EGP 78.3 mn net loss in 1Q19

EARNINGS WATCH- Sinai Cement reported a net loss of EGP 78.3 mn in 1Q2019, down 7% y-o-y from EGP 84.3 mn in 1Q2018, the company said in its earnings release (pdf). Revenues for the quarter grew 38% y-o-y to EGP 201.1 mn from EGP 148 mn in 2018.