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Alexandria Portland Cement sells EGP 31.7m land

Alexandria Portland Cement sells EGP 31.7m land
The land spans 15,852 sqm
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ALEX
-9.09% 10.00 -1.00

Cairo – MubasherAlexandria Portland Cement has sold an unexploited plot of land in Ad Dakhilah, according to a bourse statement released on Thursday.

Situated on 15,852 square metres, the plot was sold in consideration of EGP 31.7 million.

Alexandria Portland reported a 29.47% year-on-year increase in its losses during the first half of 2019, recording EGP 168.99 million.