Trade Resources Industry Views Egypt's Torah Cement Has Posted a 12% Decline in First-Half Net Profit to Egp167.9m

Egypt's Torah Cement Has Posted a 12% Decline in First-Half Net Profit to Egp167.9m

Tags: cement

Egypt s Torah Cement has posted a 12% decline in first-half net profit to EGP167.9m ($28.2m), Reuters has reported. Torah is a subsidiary of Egypt s largest listed cement maker, Suez Cement, which first-half net profit declined by 37%. Suez, a subsidiary of the Italcementi group, holds a little more than a quarter of Egypt s grey cement market and 42% of its white cement market. Source: uaecement.com

Source: http://www.uaecement.com/newsDetail.aspx?id=315
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Egypt's Torah Cement sees H1 profit fall of 12%
Topics: Construction