Egypt’s National Cement 6-month profit up 50 per cent

Egypt’s National Cement 6-month profit up 50 per cent
Published: 21 February 2011

Egypt’s National Cement’s six-month net profit rose 50 percent from a year earlier to E£201.8m (US$34.32m), the stock exchange said on Sunday.

The cement firm posted a net profit of E£134.7m for the July-December period in 2009.

National Cement, majority controlled by state-owned Chemical Industries Holding Co, produces and trades cement, clinker and other related construction materials.