South Valley Cement profits fall 27.5% in 9m

Cairo – Mubasher: South Valley Cement posted a decrease of 27.5% in net profits for the first nine months of 2015.

The company saw net profits of EGP 72.94 million for the first nine months of 2015, down from EGP 100.6 million for the similar period a year earlier.

The cement producer said earlier, it reported net profits of EGP 57.8 million in the six-month period ended 30 June 2015, down from EGP 64.89 million for the same period a year earlier.

Mubasher Contribution Time: 20-Jan-2016 09:14 (GMT)