Friday, April 1, 2011

EGYPT: Egypt's Alex Cement 2010 net profit rises 17 pct



Egypt's Alexandria Cement (ALEX.CA) said it posted a 17.3 percent rise in 2010 net profit to 590.9 million Egyptian pounds ($99.34 million), the stock exchange said on Wednesday.

The firm, a subsidary of Greek cement maker Titan Cement (TTNr.AT) reported net profit of 503.6 million pounds for the year 2009.

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