South Valley Cement FY15 earnings fall 53%


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.   

Mubasher Contribution Time: 29-May-2016 09:24 (GMT)
Mubasher Last Update Time: 29-May-2016 09:27 (GMT)