Suez Cement 2010 profit falls 4.9 per cent

Suez Cement 2010 profit falls 4.9 per cent
Published: 25 February 2011

Egypt’s Suez Cement posted a 4.9 per cent decline in 2010 net profit to E£1.2bn (US$209.9m), the stock exchange said on Thursday.

Suez Cement posted E£1.3bn of net profit in 2009.

The firm, Egypt’s largest listed cement maker by market value, is a subsidiary of Italcementi.