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) for...
South Valley Cement
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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 tax more...
South Valley Cement sees revenue fall in 9M23
South Valley Cement Co has reported revenue of EGP592.5m (US$19.15m) in the first nine months of 2023, down from EGP614.09m in the same period a year earlier. Net losses after t...
South Valley Cement narrows loss in 1H23
Egyptian cement producer South Valley Cement has announced sales of EGP464.01m (US$15.02m) in the first half of 2023, up from EGP326.11m in the same period a year earlier. The 1...
South Valley Cement reports loss in 1Q23
Egypt’s South Valley Cement Co has reported net losses after tax of EGP37.05m (US$1.19m) in the opening quarter of 2023, up from EGP31.2m in the same period a year earlier. Sale...
South Valley Cement reports decline in net losses in 2022
Egypt’s South Valley Cement has reported sales in 2022 of EGP873.73m (US$28.3m), up from EGP284.62m in the previous year, according to Zawya. Over the same period, the company s...
South Valley Cement Co posts net loss of 55% in 1H22
South Valley Cement Co posted a net loss of 54.50 per cent during the first 1H22 to EGP117.08m (US$31.2m), compared to EGP75.75m in the 1H21. However, sales stood at EGP325.86m ...
South Valley Cement's net losses narrow in first quarter
Egypt’s South Valley Cement has posted a net loss of EGP35.69m (US$2.28m) during the first quarter of 2021, compared to a net loss of EGP41.39m in the year-ago period. The compa...
South Valley Cement sees net loss narrow in 2020
Egypt’s South Valley Cement Co has recorded a net loss of EGP250.59m (US$15.97m) in 2020, narrowing from an EGP316.34m loss seen in the previous year. The company’s sales declin...
South Valley Cement reports contraction in net loss
Egypt’s South Valley Cement has seen its net loss contract to EGP132.81m (US$8.48m) in the first nine months of 2020, compared to EGP173.97m in the year-ago period. The company ...