Cairo – Mubasher: Alexandria Portland Cement Co. said Tuesday its board of directors approved sharing in the capital increase of Misr Beni Suef Cement Co.
The increase will be effected through converting portion of accounts payable to shares in Misr Beni Suef.
Alexandria Portland earlier posted EGP 116 million consolidated net loss after tax for the first nine months of 2015, against EGP 71 million profit in the prior-year period.
