Egyptian Ameriya Cement net profit up to US$43.9m

Egyptian Ameriya Cement net profit up to US$43.9m
Published: 20 November 2007

Egyptian company Ameriya Cement booked a consolidated net profit of E£242.4m (US$43.9m) in the first nine months of 2007, against E£238.7m (US$43.2m) in the year-ago period, the company said to Cairo and Alexandria Stock Exchanges (CASE) on November 15, 2007.  
 
Non-consolidated net profit was E£147.9m (US$26.8m) compared to E£92.1m (US$16.7m).  
 
In August 2007, the company announced a non-consolidated net profit of E£96.6m (US$17.5m) for the first half of 2007, up from E£65.5m (US$11.9m) a year ago.