Egypt's South Valley Cement 2010 unaudited net profit fell 66 per cent to EGP 50.9 million ($8.6 million), the firm said in a statement to the bourse on Tuesday.
The firm's 2009 net profit was EGP 151.3 million according to the sta
Shareholders in Golden Pyramids Plaza, owner of the City-Stars mega-mall in Cairo, have rejected a share swap with South Valley Cement, putting an end to their planned merger, Golden Pyramids said on Sunday.
"Most shareholders have no desi
Egypt's South Valley Cement posted 2009 net income of EGP151.8 million ($27.5 million), up from EGP6.5 million in 2008, the stock exchange said on Thursday.
The exchange gave no other details.
Shares in South Valley Cement were tra