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News Suez Cement fights falling revenue with profit boost in first quarter

Suez Cement fights falling revenue with profit boost in first quarter

Written by Global Cement staff 17 July 2019
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Egypt: Suez Cement’s consolidated profit rose by 82% year-on-year to US$12.8m in the first quarter of 2019 from US$7.04m in the same period in 2018. However, its revenue fell by 14% to US$109m from US$127m. Its standalone business reported both a loss and falling sales.

Last modified on 17 July 2019
Published in Global Cement News
Tagged under
  • Egypt
  • Suez Cement Group
  • Results
  • HeidelbergCement
  • GCW414

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