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South Valley Cement Q1 profit up 39 percent - Daily News Egypt

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South Valley Cement Q1 profit up 39 percent

Egyptian group South Valley Cement posted a 39 percent jump in first-quarter net profit to LE 40.7 million ($7.2 million), the stock exchange said on Monday. The company gave no further details on its results. South Valley’s shareholders approved a LE 15 billion capital increase in May to buy the owner of the Citystars shopping …


Egyptian group South Valley Cement posted a 39 percent jump in first-quarter net profit to LE 40.7 million ($7.2 million), the stock exchange said on Monday.

The company gave no further details on its results.

South Valley’s shareholders approved a LE 15 billion capital increase in May to buy the owner of the Citystars shopping mall complex in Cairo, Golden Pyramids Plaza.

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https://www.dailynewsegypt.com/2010/05/24/south-valley-cement-q1-profit-up-39-percent/
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