Monday 5 December 2016
South Valley Cement

Egypt's South Valley Cement 2010 net falls 66pc

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


Golden Pyramids scraps S Valley takeover

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


South Valley Cement net profit at $28m

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

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