Building-Materials News
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South Valley Cement’s losses surge in Q1-23
Meanwhile, the loss per share went up to EGP 0.07 in Q1-23 from EGP 0.06 in the first three months (3M) of 2022.
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Arabian Cement registers hike in Q1-23 net profits
Non-consolidated sales jumped to $54mln in Q1-23
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Sinai Cement posts lower net losses in Q1-23
The EGX-listed firm posted an annual drop in standalone net losses after tax
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Exports of Egypt’s building materials sector up 7.1% YoY in 2022
Exports of the building materials industry amounted to nearly $6.9billion last year.
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Acrow Misr’s consolidated profits exceed $3.65mln in 2022
Basic and diluted earnings per share (EPS) reached EGP 1.75 last year, lower than EGP 1.84 in 2021, according to the income statements.
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Egypt aluminum generates higher profits at $126mln in 9M-22/23
Egypt Aluminum recorded net profits after tax amounting to EGP 3.91 billion during the first nine months (9M) of fiscal year (FY) 2022/2023.
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Egypt to build $2.7bln aluminium smelter
The Egyptian Company for Metal Constructions (Metalco) is negotiating with a potential partner for the 600,000-tonne project.
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Egypt: Misr Cement increases cash dividends for 2022
The distributable net profits amounted to EGP 72.26 million as of 31 December 2022, according to a bourse disclosure.
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Lawmakers in Egypt call for price controls on building materials amid soaring prices
The Senate will next month open a debate over the steel and cement and building materials markets.
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Sinai Cement incurs EGP 330.5m consolidated losses in 2022
The EGX-listed firm generated sales worth EGP 2.34 billion last year, higher than EGP 1.44 billion in 2021, according to the financial results.
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South Valley Cement reports nearly $6.8mln losses in 2022
Loss per share stood at EGP 0.43 as of 31 December 2022, versus EGP 0.47 a year earlier.
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Misr Cement's 2022 consolidated profits cross $4.3mln
The sales reached $91.59 million in the 12-month period that ended on 31 December 2022 up YOY from EGP 2.52 billion.
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Egypt's exports of building materials rise 7% YoY in 11 months
The UAE topped the list of importers with $843 million, followed by Canada with $795 million and Italy with $550 million.
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Project: Efficiency and revamping of streets
Sharkiya: Raising the efficiency and revamping of different streets
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Vicat Egypt ups stake in Sinai Cement for $5.66mln
Vicat Egypt purchased 21.50 million shares in the EGX-listed firm at an average price of EGP 6.49 per share, according to a stock exchange statement.
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Project: Construction and Renovation
Alexandria: Development and renovation of the sixth floor of the hospital
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Egypt raises natural gas prices for cement, petrochemical industries
The decree also set the price of natural gas supplied to the petrochemicals industry for the production of the ethane-propane mix to a minimum of $4.5
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Project: renovation of building
Alexandria, Dekheila: Replacement and renovation of the building of workers and the living rooms and raising the efficiency of 2 cranes (3 contracts)
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ارخص كرفانات للبيع فى مصر - شركة دهب للكرفانات
http://dahab-kr.wixsite.com/dahab
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Project: Rehabilitation of canals with different lenghts (13 contracts)
Assuit Governorate: Rehabilitation of different canals with different lenghts under thirteen Contracts