Egyptian Tourah Portland Cement’s sales fall by 81% in second quarter of 2020

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Egypt: HeidelbergCement subsidiary Egyptian Tourah Portland Cement recorded a second-quarter loss of Euro4.65m in 2020, down by 79% year-on-year from Euro21.9m in 2019. The company made sales worth Euro1.81m over the period, down by 81% Euro9.74m, according to Reuters. In line with its position regarding future losses at 31 December 2019, the company called a shareholder’s meeting to decide on its continuity.

Last modified on 09 September 2020

URL: https://globalcement.com/news/item/11313-egyptian-tourah-portland-cement-s-sales-fall-by-81-in-second-quarter-of-2020

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