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Tourah Cement widens losses by 271% in 9 months

Tourah Cement widens losses by 271% in 9 months
Photo Credit: Arabianeye-Reuters
Tourah Cement
TORA
3.43% 45.50 1.51

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 the first half of 2015, as it suffered losses of EGP 69.8 million against profits of EGP 6.5 million for the same period of 2014.