Tourah Portland Cement (Tourah Cement) News - Mubasher Info
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Tourah Portland Cement (TORA)

Last update: 11:29 AM market time.
45.50
1.51
3.43%
Open 43.99
Previous Close 43.99
High 45.50
Low 44.00
Stock Statistics
Volume 10,775
Turnover 481,677.44
All data are 15 minutes late during market session

News

The transaction involved 6.36 million shares
29 November 2020 04:23 PM Metallurgical Industries Holding sells entire stake in Tourah Portland Cement
Cairo – Mubasher: Metallurgical Industries Holding Co has sold its entire stake of 17.94% in Tourah Portland Cement Co for EGP 45.72 million. The transaction involved 6.36 million shares at an average price of EGP 7.18 apiece, according to a …
The transaction has been carried out on 13.23 million shares.
26 November 2020 00:46 PM EGX executes MTO on Tourah Portland Cement at EGP 95m
Cairo – Mubasher: The Egyptian Exchange (EGX) has executed the mandatory tender offer (MTO) submitted by Suez Cement Company on the shares of Tourah Portland Cement Co. The transaction has been carried out on 13.23 million shares at a total value …
Sales plummeted to EGP 97.59 million in the January-September period
22 November 2020 00:29 PM Tourah Portland Cement's loss narrows 60% in 9M
Cairo – Mubasher: Tourah Portland Cement Co incurred net losses of EGP 208.65 million during the first nine months of 2020, down by 59.6% year-on-year (YoY) from EGP 516.56 million. The cement producer’s sales plummeted to EGP 97.59 million in the …
The FV studies valued Suez Cement’s share at EGP 7.71
1 November 2020 11:19 AM Suez Cement, Tourah Portland Cement approve FV studies, MTOs
Cairo – Mubasher: The boards of Suez Cement and Tourah Portland Cement Company approved the fair value (FV) assessment studies prepared by the independent financial advisor Grant Thornton Financial Consulting For Marketable Securities and the …
The target company’s shares will be delisted upon the execution of the transaction
29 September 2020 00:46 PM Suez Cement to fully acquire Tourah Portland Cement
Cairo – Mubasher: The board of Suez Cement decided to submit an offer to acquire up to 100% of the issued capital of Tourah Portland Cement Company for EGP 7.18 per share. The target company’s shares will be delisted from the Egyptian Exchange …
The cement producer generated EGP 83.8 million in sales
6 September 2020 02:06 PM Tourah Portland Cement’s loss shrinks 67% in H1-20
Cairo – Mubasher: Tourah Portland Cement Co suffered net losses of EGP 151.97 million in the first half (H1) of 2020, down by 67% year-on-year (YoY) from EGP 461.25 million. Sales plummeted to EGP 83.8 million in the six-month period ended 30 June …
The cement producer’s sales shrank to EGP 531.75 million
8 March 2020 05:15 PM Tourah Cement swings to loss in 2019 amid falling demand
Cairo – Mubasher: Tourah Portland Cement Co. turned to net losses of EGP 617.25 million during 2019, against net profits of EGP 36.09 million a year earlier. The cement producer’s sales shrank to EGP 531.75 million last year from EGP 1.1 billion …
Tourah Cement will also sell some scrap to its subsidiaries
30 December 2019 02:04 PM Tourah Cement sells kilns, millers at EGP 31m
Cairo – Mubasher: Tourah Portland Cement Co. announced selling some of the items offered in the public auction held on 16 December, including old kilns and millers of Tourah plant only. The items have been ceased from operation since 2013.   Total …
Sales nearly halved to EGP 488.5m in 9M
12 November 2019 01:37 PM Tourah Cement’s loss skyrockets in 9M/19
Cairo – Mubasher: Tourah Portland Cement Co. has reported a 2,527% year-on-year hike in loss during the first nine months of 2019. The company’s loss reached EGP 516.56 million from January to September 2019, compared to EGP 19.6 million in the …
Tourah Cement’s net losses hiked to EGP 50.9 million in Q1-19
14 August 2019 04:37 PM Tourah Cement’s consolidated losses swell to EGP 461m
Cairo- Mubasher: The consolidated financial statements of Tourah Portland Cement Co. revealed a 204.73% year-on-year increase in losses during the first half of 2019. The company’s losses surged to EGP 461.25 million in H1-19 from EGP 2.24 million …
Tourah Cement suspends production line
4 December 2016 03:51 PM Tourah Cement suspends production line
Cairo – Mubasher: Tourah Portland Cement Co. said it suspended the operations of its production line number 8 for maintenance requirements. The cement company stated that the suspension won’t negatively impact its sales and freight operations. …
EGX suspends trades on three stocks in early trading
4 December 2016 00:15 PM EGX suspends trades on three stocks in early trading
Cairo – Mubasher: The Egyptian Exchange (EGX) decided to suspend trading on three stocks on Sunday early trading session. The three stocks are Orascom Telecom Media and Technology, Delta Sugar and Portland Cement. EGX said it will resume trading …
Q3 losses thus stood at EGP 21.3 million - Photo Credit: Reuters
23 October 2016 00:20 PM Tourah Cement losses shrink 43% in Q3
Cairo – Mubasher: Tourah Portland Cement reported a 43% decrease in its net losses for the third quarter of 2016, according to a bourse filing. Q3 losses thus stood at EGP 21.3 million, compared with EGP 37.4 million for Q3-15, the filing …
losses down by 54.4% in six months - (Photo Credit: Reuters)
21 July 2016 11:11 AM Tourah Cement losses shrink 54% in H1
Cairo – Mubasher: Tourah Portland Cement posted lower losses in the first six months of the fiscal year 2016, according to a bourse filing. Its losses cut by 54.4% year-over-year to EGP 31.85 million ($3.6 million) from EGP 69.84 million ($7.8 …
Photo Credit: Reuters
12 May 2016 11:10 AM Tourah Cement losses 2% deeper in Q1
Cairo – Mubasher: Tourah Portland Cement’s losses widened by 1.7% year-over-year in the first quarter of 2016, the company said in a bourse filing. The company reported a net loss of EGP22.37 million ($2.5 million) compared to EGP22 million losses …
Photo Credit: Arabianeye
11 February 2016 02:12 PM Tourah Cement loses EGP 112m in Q4
Cairo-Mubasher: Tourah Portland Cement recorded net losses of EGP 111.8 million ($14.3 million) in the fourth quarter of 2015. The cement producer reported net losses of EGP 219 million ($28.1 million) in 2015, compared with EGP 14.4 million …
Photo Credit: Arabianeye-Reuters
3 November 2015 11:22 AM Tourah Cement widens losses by 271% in 9 months
Cairo - Mubasher: Tourah Portland cement's net losses widened to EGP 107.2 million in the first nine months of 2015. The cement producer logged losses of EGP 28.9 million in the similar period of 2014. Meanwhile, the company turned to losses in …
Photo Credit: Arabianeye-Reuters
30 April 2015 00:24 PM Tourah Cement widens losses in Q1
Tourah Portland Cement reported EGP 22 million in losses for the first quarter of 2015, compared with EGP 9.9 million for the same period of the previous year.The company suffered EGP 14.4 million in losses in 2014, against EGP 75.8 million in net …
Photo Credit: Arabianeye-Reuters
6 April 2015 11:02 AM Tourah Portland halts operations at Tourah factory
Tourah Portland Cement Co. has temporarily halted both the production and the packing processes at its Tourah factory due to safety concerns, the company said in a bourse filling.Tourah Portland suffered EGP 14.4 million in losses for 2014, …
Photo Credit: Arabianeye-Reuters
26 February 2015 00:12 PM Tourah Portland suffers EGP14m loss on 2014
Tourah Portland Cement Co. disclosed its financial statements for 2014 that reflected EGP14.4 million loss against EGP75.8 million profit for the previous year. The cement producer has posted EGP28.9 million net profit for the first …
30 October 2014 00:40 PM Tourah Cement turns to loss, logs EGP29m in 9M
Tourah Portland Cement posted on Thursday, October 30, its financial results for the first nine months of FY14, showing EGP 28.9 million net loss, against EGP 65.171 million net profit reported in the same period a year …
30 October 2014 09:45 AM Suez Cement, others rebut any undisclosed events impacting stocks
Some companies listed on the Egyptian Exchange (EGX) denied having any undisclosed financial or operational developments impacting their stocks prices.These companies are Tourah Portland Cement, Suez Cement and Delta …