Egypt’s Alexandria Cement's net loss widens Q1-Q3 2015

Egypt-based Alexandria Portland Cement Company's net loss widened to EGP 116 million (US$ 14.45 million) in the first nine months of 2015 from EGP 67.7mn ($8.36 million) in the first six months of this year. The company registered a profit of EGP 71 million ($8.77 million) in the first nine months of 2014.
November 11, 2015 Read time: 1 min

Egypt-based Alexandria Portland Cement Company's net loss widened to EGP 116 million (US$ 14.45 million) in the first nine months of 2015 from EGP 67.7mn ($8.36 million) in the first six months of this year. The company registered a profit of EGP 71 million ($8.77 million) in the first nine months of 2014.

Related Content

November 30, 2015

LafargeHolcim reports 15.3% increase in Romania sales Q1-Q3 2015

LafargeHolcim has reported that its sales of cement in Romania increased by 15.3% from January-September 2015, compared to the same nine months of 2014. This is said to be primarily due to increased building activity in the Bucharest region.

The newly merged sector heavyweight company's report stated that sales of aggregates went up by 72.3% on year for the first three quarters of 2015, domestic cement prices decreased 0.8% year-on-year, while aggregate prices went down 15.1%. Holcim Romania ended the ye

boombox1

Highlighted Content

boombox2