Alexandria Portland Cement

Alexandria Portland Cement, Egypt announced the release of FY03 results ending December,wherein the company sported a top line figure of LE235.3 million, illustrating a growth of 20.7 per cent over the previous LE195m balance in FY02. On a different note, capital losses stemming from asset  revaluation acted as a forceful diluting factor to the bottom  line balance,coming in at LE10m from a previous zero balance.  The company will hold its ordinary general assembly on April 28 to approve FY03 results.