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Alexandria Portland turns to losses in H1

Alexandria Portland turns to losses in H1
Photo Credit: Arabianeye-Reuters
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ALEX
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Cairo – Mubasher: Alexandria Portland cement suffered EGP 67 million in losses in the first half of 2015, against EGP 39 million in profits for the same period of 2014.

The company's revenues edged 3% to EGP 1.02 billion in H1-2015, compared with EGP 992 million for the similar period of the previous year.

The firm is capitalised at EGP 2.57 billion, distributed across 257 million shares at EGP 10 par value each.