Egypt Sinai Cement net rises 35pc
Cairo, March 6, 2011
Egypt's Sinai Cement said net profit jumped 35 per cent in 2010 to 905.7 million Egyptian pounds ($153.5 million), the stock exchange said on Sunday. The firm posted net profit of 671.5 million pounds in 2009.
Sinai Cement, the local unit of France's Vicat, said it posted a 7.6 per cent increase in sales to 1.6 billion, up from 1.5 billion.-Reuters
