Alexandria Portland Cement makes US$1.93m land sale to combat losses

Written by Global Cement staff 13 September 2019

Egypt: Alexandria Portland Cement has sold a 15.9km² parcel of disused land in Ad Dakhila. Mubasher reports that the company, the losses of which increased by 29.5% year-on-year to US$10.3m in 2019, received US$1.93m from the sale.

Last modified on 18 September 2019

Published in Global Cement News

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Egypt
Alexandria Cement
land sale
Loss
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