Tourah Portland Cement sees loss widen in 1Q20

Egypt’s Tourah Portland Cement has seen its net loss widen to EGP64.9m (US$4m) in the first quarter of 2020, compared to EGP50.9m in the 1Q19.

The company also reported an 82.8 per cent YoY decline in sales to EGP50m from EGP290.8m.