Egypt

531 posts · Page 3 of 54

South Valley Cement to sell subsidiary

South Valley Cement to sell subsidiary

South Valley Cement has announced an agreement to sell its 47.61 per cent shareholding in Building Materials Industries to Spain’s Instituto Tecnológico de Informática (ITI) ...

Sinai Cement posts 18% profit growth in 1H25

Sinai Cement posts 18% profit growth in 1H25

Sinai Cement reported consolidated net profits of EGP768.81m (US$15.7m) in the first half of 2025, up 18.03 per cent YoY from EGP651.31m. The Egyptian company’s net sales sur...

Misr Qena sees six-fold profit jump

Misr Qena sees six-fold profit jump

Misr Cement Qena Co posted a 45.3 per cent increase in net sales to EGP1.824bn (US$36.69m) in the 1Q25 from EGP1.255bn in the equivalent period of the previous year. The comp...

Arabian Cement sees 32% hike in 1Q sales

Arabian Cement sees 32% hike in 1Q sales

Arabian Cement Co reported a 287 per cent increase in consolidated net profits after tax of EGP590.37m (US$11.9m) in the 1Q25 from EGP152.64m in the 1Q24.  The rise in pro...

South Valley Cement losses deepen

South Valley Cement losses deepen

South Valley Cement saw a 101 per cent rise in sales to EGP660.198m (US$13.3m) in the 1Q25 from EGP328.379m in the 1Q24.   However, the company increased its losses after ...

Sinai Cement Co sees 73% increase in 1Q earnings

Sinai Cement Co sees 73% increase in 1Q earnings

Sinai Cement Co reported earnings of EGP2016.2m (US$39.9m) in the 1Q25, representing a 73.1 per cent increase when compared with the 1Q24, when earnings came in at EGP1164.9m...

Titan Group records sales of EUR638.4m in 1Q25

Titan Group records sales of EUR638.4m in 1Q25

Titan Group reported strong sales in 1Q25. Thanks to firm pricing and sustained cement volumes and growth in core products in the US and southern European markets, sales rose...

Vicat reports LfL stable 1Q consolidated sales

Vicat reports LfL stable 1Q consolidated sales

For the 1Q25 France-based Vicat has reported stable sales of EUR886m when compared on a like-for-like (LfL) basis. On a reported basis, sales were down 2.7 per cent YoY from EU...