ICEC

Egypt’s Arabian Cement Q3 profits jump to 95.9 million pounds

Egypt’s third largest cement producer, Arabian Cement (ACC) reported Monday an increase in its third-quarter profits to reach 95.9 million Egyptian pounds ($5.4 million), according to a bourse filling.

Earlier, profits stood at 14.5 million pounds during the third quarter of 2016.

Sales jumped to 674.5 million pounds from 531.5 million pounds last year.

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