Torah Cement’s H1 2009 profit up 9%

Torah Cement’s H1 2009 profit up 9%
Published: 14 October 2009

Egypt-based Torah Cement has reported an 8.6% rise in net profit to EGP178.3m in the first six months of 2009, according to the Egyptian stock exchange. The firm had made a net profit of EGP164.3m in the same period of 2008. Torah Cement is a subsidiary of Suez Cement, which is itself majority-owned by Italy’s Italcementi.