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Country-Plan Projects and Tenders |
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8248 Subject |
454.3 مليون جنيه ارباح لشركة السويس للاسمنت لسنة 2004 Suez Cement Co. SAE publishing its consolidated financial statements for the year 2004 showing increased sales & profits. |
| Date Published | Saturday, April 02, 2005 |
| Source Name | Gomhouria |
| Location Name | Country Wide |
| Description | Suez Cement Co. SAE, operating under the investment law & capitalized at L.E. 640 million, fully paid up, has posted for the year 2004 some L.E. 454.3 million net profits before taxes on L.E. 1,498.1 million consolidated net sales. Figures compare with L.E. 220.6 million net profits posted for the year 2003 on L.E. 1,225.2 million net sales. Figures cover Suez Cement Co., Tora Portland Cement Co. & Suez Bags Co. Net working capital as at 12/31/2004 increased to L.E. 662.1 million up from 462.3 million a year ago. Long term liabilities as at 12/31/2004 declined to L.E. 409.8 million down from L.E. 544 million a year ago. Chairman & CEO is Eng. Alaa El Din Mounir Abdel Wahab. |
| Sectors Section |
Beneficiary Sectors - Industry Cement |