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Country-Plan Projects and Tenders |
| 9145 Subject |
زيادة في المبيعات والإرباح لشركة السويس للاسمنت Suez Cement Co. SAE, affiliated to Italcementi Group, publishing its brief financial statements for the first half of 2005. |
| Date Published | Monday, August 22, 2005 |
| Source Name | Gomhouria |
| Location Name | Suez |
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Description Date Format: (mm/dd/yyyy) |
Suez Cement Co. SAE, affiliated to Italcementi Group, operating under the investment law & capitalized at L.E. 640 million has posted for the first half of 2005 some L.E. 179.6 million net profits before taxes on L.E. 485 million net sales. Figures compare with L.E. 122.9 million profits posted for the same period of 2004 on L.E. 419.3 million sales. Net working capital as at 6/30/2005 showed a deficit of L.E. 109.9 million against a surplus of L.E. 181.6 million six months ago. On the other hand long term liabilities as at 6/30/2005 declined to L.E. 310.6 million down from L.E. 406.3 million six months ago. Company is holder of ISO 9002 for quality management & of ISO 14001 for environment management. |
| Sectors Section | Beneficiary Sectors - Industry Cement |