Suez Cement reports Q3 net loss

Egypt’s Suez Cement, the country’s largest listed cement maker by market value, said it made a net loss worth 50 million Egyptian pounds ($6.23 million) in the third quarter compared with a net profit of 52 million pounds a year earlier.

Revenue fell to 1.177 billion pounds in the three months ending September 30 from 1.442 billion, it said

Source: Reuters

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