CAIRO: Egypt’s Suez Cement posted a 10 percent decline in 2011 first-quarter net profit to LE 277.4 million ($46.68 million), the stock exchange said on Tuesday.
Suez Cement reported LE 307.8 million of net profit for the same period in 2010.
The firm, Egypt’s largest listed cement maker by market value, is a subsidiary of Italcementi.
