ACC
ARCC
1.23%
11.54
0.14
ARCC
Cairo-Mubasher: Arabian Cement's shareholders gave a nod to sell the shares of shareholders' frozen stakes.
On the other hand, the shareholders meeting refused to reorganize the board of directors; also, they rejected to review the terms of the contracts signed with related parties.
The cement producer's net profits declined 51% to EGP 56 million in the first quarter of 2015, down from EGP 117 million for the same period of 2014.
Source:
Mubasher