Suez Cement fights falling revenue with profit boost in first quarter

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Egypt: Suez Cement’s consolidated profit rose by 82% year-on-year to US$12.8m in the first quarter of 2019 from US$7.04m in the same period in 2018. However, its revenue fell by 14% to US$109m from US$127m. Its standalone business reported both a loss and falling sales.

Last modified on 17 July 2019

URL: https://www.globalcement.com/news/item/9569-suez-cement-fights-falling-revenue-with-profit-boost-in-first-quarter

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