Cairo-Mubasher: Alexandria Portland Cement said it turned to losses in 2015 due to fluctuations in forex market and increasing financing expenditures.
The cement producer posted EGP 214.3 million in losses in 2015, against EGP 40.6 million profits in the previous year.
The company’s financial indicators for the first nine months of 2015 earlier reflected net profits of EGP 116 million.
