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Alexandria Cement approves dividend

Cairo, April 19, 2011

Egypt's Alexandria Cement approved a 1.73 Egyptian pound ($0.3) per share cash dividend, the firm said in a statement released by the stock exchange on Tuesday.

The firm, a subsidiary of Greek cement maker Titan Cement, posted a 17.3 per cent rise in 2010 net profit to EGP 590.9 million.-Reuters




Tags: Construction | Egypt | building | Alexandria Cement |

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