Alexandria Portland Cement Releases 1H

Alexandria Portland Cement Releases 1H
Published: 31 August 2004

Alexandria Portland Cement released 1H FY04 results ending June, in which consolidated net income recorded LE22.6 million, compared to a net loss of LE29.6 million in the comparable period last year.

Revenues, on the other hand, surged 74.5% reading LE167.7 million up from LE96.2 million, thanks to flourishing cement prices and firing the company’s new 1.8Mta production line.