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Business

Suez Cement 2010 profit falls 4.9 percent

DNE
Last updated: November 4, 2012 2:24 am
DNE
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CAIRO: Egypt’s Suez Cement posted a 4.9 percent decline in 2010 net profit to LE 1.2 billion ($209.9 million), the stock exchange said on Thursday.

Suez Cement posted LE 1.3 billion of net profit in 2009.

The firm, Egypt’s largest listed cement maker by market value, is a subsidiary of Italcementi.

 

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