Egypt's biggest cement producer by market value is Suez Cement. The company has posted a second-quarter net profit of US$7.8 million, down from the same period a year earlier.
The company announced that revenue dropped 15%. Revenue was damaged by lower prices and exports.
Suez Cement has declared that it is diversifying its energy sources to mitigate the impact of shortages.
Read the article online at: https://www.worldcement.com/africa-middle-east/21072015/egypt-suez-cement-profit-tumbles-205/