Cairo – Mubasher: South Valley Cement said its profits tumbled 53% by the end of the fiscal year 2015 according to a bourse filing.
The company earned EGP 71 million ($7.97 million) in 2015 compared with EGP 151.18 million profits ($16.98 million) for 2014.
In the first nine months, the company reported a net profit of EGP 72.94 million.
The ordinary general meeting will be held on 20 June 2016 to look into FY15 financials.