Cairo – Mubasher: South Valley Cement reported an increase of 33% in net profits for the first quarter of 2016.
The cement producer saw net profits of EGP 42.85 million ($4.81 million) in Q1-2016, up from EGP 32.25 million for the same period of the previous year.
The company’s revenues reached EGP 254.82 million in Q1-2016, compared with EGP 223 million for the similar period of the preceding year.
