South Valley Cement Co SAE (SVCE)

Cairo – Mubasher: South Valley Cement Company incurred net losses amounting to EGP 194.65 million in 2023, an annual drop from EGP 208.74 million. Sales increased to EGP 877.42 million last year from EGP 873.73 million as of 31 December 2022, …

Cairo – Mubasher: The net losses after tax of South Valley Cement Company plummeted year-on-year (YoY) to EGP 63.10 million in the first nine months (9M) of 2023 from EGP 83.81 million. The company posted revenues amounting to EGP 592.50 million …

Cairo – Mubasher: South Valley Cement Company suffered net losses after tax valued at EGP 76.24 million in the first half (H1) of 2023, marking a plunge from EGP 117.08 million a year earlier. Meanwhile, the sales jumped to EGP 464 million in the …

Cairo – Mubasher: The net losses after tax of South Valley Cement Company increased to EGP 37.05 million in the first quarter (Q1) of 2023, compared to EGP 31.20 million in Q1-22. The sales amounted to EGP 338.32 million during the January-March …

Cairo – Mubasher: South Valley Cement Company witnessed an annual decline in net losses to EGP 208.74 million in 2022, compared to EGP 225.45 million. The EGX-listed firm reported sales worth EGP 873.73 million last year, higher than EGP 284.62 …

Cairo – Mubasher: The net losses of South Valley Cement Company decreased by 41.47% on an annual basis during the first nine months of 2022 to EGP 83.81 million, compared to EGP 143.20 million. Loss per share reached EGP 0.17 in 9M-22, compared to …

Cairo – Mubasher: The net losses of South Valley Cement Company widened by 54.50% during the first half (H1) of 2022 to EGP 117.08 million, compared to EGP 75.75 million in the same period a year earlier. Loss per share came in at EGP 0.24 during …

By: Heba El-Kordy Cairo – Mubasher: Companies operating in the production of iron, cement, and fertilisers disclosed to the Egyptian Exchange (EGX) the impact of the government's decision to increase natural gas prices for factories by about 28% …

Cairo – Mubasher: The Egyptian Exchange's (EGX) listing committee approved the authorised capital reduction of South Valley Cement Company to EGP 12 billion from EGP 20 billion.  This decision is in line with the decree of the Financial Regulatory …

Cairo – Mubasher: South Valley Cement Company posted net losses worth EGP 35.69 million during the first quarter (Q1) of 2021, lower by 13.77% than EGP 41.39 million in Q1-20. Loss per share stood at EGP 0.074 in Q1-21, compared to EGP 0.086 in …

Cairo – Mubasher: South Valley Cement Company incurred net losses of EGP 250.59 million in 2020, down by 20.7% year-on-year (YoY) from EGP 316.34 million. The cement producer’s sales retreated to EGP 350.21 million last year, compared to EGP …

Cairo – Mubasher: South Valley Cement Company approved authorising its vice-chairman and managing director to pen an agreement to reschedule all of the company’s loans and merge them into one loan. The facility agent will be the Commercial …

Cairo – Mubasher: The Egyptian Exchange (EGX) warned that trading on eight listed companies will be suspended if they fail to submit their financial statements for 2019 after the end of the new 45-day reporting period deadline. Companies that face …

Cairo – Mubasher: South Valley Cement Company posted a 930% year-on-year increase in losses during the first nine months of 2019, according to the company’s financial statements. The cement producer’s losses amounted to EGP 173.9 million in the …

Cairo – Mubasher: South Valley Cement posted a 54% year-on-year profit decline during the full-year 2018. The cement producer’s net profits amounted to EGP 10.18 million in the 12-month period ended 31 December, compared to EGP 22.14 million in …

Cairo – Mubasher: The Egyptian Exchange (EGX) has suspended trading on the stocks of Ajwa Group for Food Industries and South Valley Cement Co starting from Tuesday’s trading session. Suspension of trading on the stock of Ajwa Group for Food …

Cairo – Mubasher: South Valley Cement Co on Sunday posted a 53% year-on-year drop in profits for the first quarter of 2017, due to increased costs and a decline in the re-evaluation of profits from investments. The Egyptian company achieved …

Cairo – Mubasher: The MSCI Emerging Markets (EM) Index’s May 2017 semi‐annual review, released on Tuesday, has added Telecom Egypt’s (TE) stock to the small- and medium-sized companies’ index. The review also showed that Egyptian Financial Group …

Cairo – Mubasher: South Valley Cement Company turned to profitability in the fourth quarter of fiscal year 2016, compared to the same period last year. Net profit for Q4-16 reached EGP 104.14 million, versus a net loss of EGP 1.83 million for …

Cairo – Mubasher: South Valley Cement said its profits grew by 2.4% y-o-y for the third quarter of 2016. The cement producer posted net profits of EGP 15.96 million for Q3 – 2016, up from EGP 15.32 million for the comparable period of the previous …

Cairo – Mubasher: The Industrial Development Authority approved to grant South Valley Cement Co. a license to construct Beni Suef cement production line. The new production line cost will amount to EGP 160.3 million with production capacity of …

Cairo - Mubasher: South Valley Cement announced that the auction of obtaining the cement licenses has been delayed till 30 November. Recently, the company submitted a request to obtain the new cement license from the Industrial Development …

Cairo – Mubasher: South Valley Cement reported a 69% rise in its profits for the second quarter of 2016, according to a bourse filing on Thursday. The company earned EGP 43.3 million ($4.9 million) in Q2-16, compared with EGP 25.6 million ($2.9 …

Cairo – Mubasher: South Valley Cement reported an increase of 33% in net profits for the first quarter of 2016. The cement producer saw net profits of EGP 42.85 million ($4.81 million) in Q1-2016, up from EGP 32.25 million for the same period of …

Cairo – Mubasher: The Listing Committee of the Egyptian Exchange suspended trading on five stocks, according to a statement. This decision is to remain effective until the companies submit the financial results for the first and second quarter of …