Egypt’s Torah Cement nine-month net up 36 per cent
Egypt’s Torah Portland Cement made a net profit of E£262.7m (US$45.9m) in the first nine months of 2006, 36 per cent up on the same 2005 period, the stock exchange said on Thursday.
Net profit in the first nine months of 2005 was E£192.8m, it said in a statement.
Torah Cement is a subsidiary of Suez Cement , which is itself majority owned by Italy’s Italcementi.
Published under Cement News
