Egypt's Torah Cement's (TORA.CA) 2010 net profit rose 29.6 percent, the stock exchange said on Thursday.
Net profit rose to 443 million Egyptian pounds ($75.2 million) from 341.7 million pounds in 2009.
Torah is a subsidiary of Egypt's largest listed cement maker, Suez Cement (SUCE.CA), whose 2010 net profit declined 4.9 percent. [ID:nWEB1472]
Suez, a subsidiary of Italcementi (ITAI.MI), holds approximately 26 percent of Egypt's market share for grey cement and 42 percent for white cement.
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