Egypt’s Suez Cement drops in revenue for Q2

23 July 2015

Egypt’s biggest cement producer by market value is Suez Cement. The company has posted a second-quarter net profit of US$7.8 million, down from the same period a year earlier. The company announced that revenue dropped 15%, damaged by lower prices and exports. Suez Cement has declared that it is diversifying its energy sources to mitigate the impact of shortages.

Read the latest issue

Latest Issue