Suez Cement impressive results

Suez Cement impressive results
Published: 28 July 2004

Suez Cement released 1Q FY04 stand-alone results ending March, in which the company recorded an impressive net profit balance pertaining to LE69.7 million versus a LE6.1 million net loss achieved in the comparable period last year.  Revenues surged 75.5% y-o-y to reach LE210.8 million compared to LE119.1 million in 1Q FY03.