World

Sinai Cement first-quarter profit falls 25pc

CAIRO : Egypt 's Sinai Cement posted a 25 percent fall in first-quarter unconsolidated net profit to 116.9 million Egyp
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The firm made an unconsolidated net profit of 155.3 million pounds for the same period in 2010.

Shares in Sinai Cement, the local unit of France's Vicat , closed 0.6 percent higher at 48.02 pounds before the results release. The benchmark index closed up 1.6 percent.

 

Copyright Reuters, 2011