[Original] Suez Cement's Total Revenue May Increase by 20% to EGP 5.5 Billion

2015-01-27 09:11:43

The CEO of Italian Cement said that in 2014, the total revenue of Suez Cement, an Egyptian company of Italian Cement Group, may reach 5.5 billion Egyptian pounds, an increase of 20% over the same period last year, or 1 billion Egyptian pounds. In 2015, the total revenue of Suez Cement is expected to increase by 10% to 15%.

   The CEO of Italian Cement said that in 2014, the total revenue of Suez Cement, an Egyptian company of Italian Cement Group, may reach 5.5 billion Egyptian pounds, an increase of 20% over the same period last year, or 1 billion Egyptian pounds. In 2015, the total revenue of Suez Cement is expected to increase by 10% to 15% (EGP 1 = RMB 0.8448, transaction price on the 26th).

   "In 2015, the Egyptian economy will enter a period of growth," the Italian Cement CEO also said. Domestic economic growth will also drive the development of the construction industry. Infrastructure projects, housing projects and personal and public investment will show a growth trend.


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The CEO of Italian Cement said that in 2014, the total revenue of Suez Cement, an Egyptian company of Italian Cement Group, may reach 5.5 billion Egyptian pounds, an increase of 20% over the same period last year, or 1 billion Egyptian pounds. In 2015, the total revenue of Suez Cement is expected to increase by 10% to 15%.

2015-01-27 09:11:43

Fujian Cement issued a performance forecast on January 29, predicting a net profit loss of 80 million yuan to 120 million yuan in 2025, a year-on-year loss reduction and a loss of 167 million yuan in the same period last year.