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News Alexandria Portland Cement makes US$1.93m land sale to combat losses

Alexandria Portland Cement makes US$1.93m land sale to combat losses

Written by Global Cement staff 13 September 2019
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Egypt: Alexandria Portland Cement has sold a 15.9km2 parcel of disused land in Ad Dakhila. Mubasher reports that the company, the losses of which increased by 29.5% year-on-year to US$10.3m in 2019, received US$1.93m from the sale.

Last modified on 18 September 2019
Published in Global Cement News
Tagged under
  • Egypt
  • Alexandria Cement
  • land sale
  • Loss
  • GCW423

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