Cement News tagged under: 4Q15

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Egypt: Arabian Cement's revenue falls in 4Q15

28 March 2016, Published under Cement News

Arabian Cement Company (ACC) has  described its 4Q15  financial results as  "mixed". According to Egypt Daily News, the company added that nothing is alarming with regards to profits, losses, and the operating performance. During the quarter, the company’s cement selling price registered EGP497/t (US$55.89/t), three per cent higher than ACC had previously predicted. However, revenues and profits both declined compared to the previous quarter. The company reported EGP338m (US$38m) in rev...