Suez Cement swings to losses in Q4

Cairo-Mubasher: Suez Cement recorded consolidated net losses of EGP 128 million in the fourth quarter of 2015, against earnings of EGP 141 million in the same period a year ago.

The cement producer also recorded consolidated net losses of EGP 60 million in 2015, versus earnings of EGP 499.7 million a year earlier.

Full-year standalone earnings reached EGP 361 million, compared with EGP 478.9 million in 2014.

 

  

Mubasher Contribution Time: 11-Feb-2016 09:27 (GMT)