Alexandria Cement’s net profit rises, Egypt

Alexandria Cement’s net profit rises, Egypt
31 March 2011


Egypt’s Alexandria Cement said it posted a 17.3 per cent rise in 2010 net profit to EGP590.9m (US$99.34m), the stock exchange said on Wednesday.

The firm, a subsidiary of Greek cement maker Titan Cement reported net profit of EGP503.6 million pounds for the year 2009.

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