Metallurgical Industries sells 6.4m shares in Tourah Portland Cement
Egypt’s Metallurgical Industries Holding has reportedly sold 6.4m shares in Tourah Portland Cement. The share sale has a value of EGP45.7m (US$2.91m). Tourah Portland also repor...
Tourah Portland Cement Co
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Tourah Portland Cement reports 10% decline in net sales
Egypt’s Tourah Portland Cement has reported a net loss of EGP56.7m (US$3.62m) in the third quarter of 2020, compared to a net loss of EGP55.3m in the year-ago period. Net sales ...
Suez Cement expected to increase stake in Tourah Portland
Egypt’s Suez Cement is expected to submit a tender offer to acquire up to 100 per cent of the issued capital of Tourah Portland Cement for EGP7.18 (US$0.45) per share, according...
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 ...
Tourah Portland Cement posts net loss in 2019
Egypt’s Tourah Portland Cement has posted a net loss of EGP617.25m (US$39.3m) in 2019, compared with an EGP36.09m profit in the previous year. Total sales also declined 51.7 per...
Tourah Cement sells off kilns and mills for EGP31m
Tourah Portland Cement Company announced the sale of decommissioned kilns and grinding mills at a public auction held on 16 December. The items, which had ceased operation in 20...
Tourah Cement sees net loss widen 205%
Egypt’s Tourah Cement has seen its net losses widen 204.7 per cent YoY for the first six months of 2019, surging to EGP461.25m (US$27.78m) from EGP2.24m in the 1H18. On a quarte...
New contract for Boldrocchi Ecologia in Egypt
Boldrocchi Ecologia has signed a new contract with Tourah Portland Cement, a subsidiary of Suez Cement Group of Companies (SCGC), for revamping of the whole Line #9 de-dusting u...
Egyptian Tourah Portland Cement net loss widens
Tourah Portland Cement Co more than doubled its third-quarter net loss to EGP35.38m (USD 4.95m) from EGP 14.69m in the same period of last year. The pre-tax loss stood at EGP37....