Arab Finance: Declare Arab Cement Company (ARCC)On the approval of the ordinary general assembly held on 04/29/2025, the profit distribution project for the fiscal year ending on 12/31/2024, where the total shareholders ’distributions reached 600,302,425 pounds, the company said in Its statement The sender to the Egyptian Stock Exchange.
The company announced the results of its business during the period from 01/01/2024 to 12/31/2024, which showed a net profit achievement Assembly It amounted to 1,160,129,411 pounds, compared to the company’s achievement for a net profit of 697,488,741 pounds during the period from 01/01/2023 to 12/31/2023.
In the same context, the company achieved a net profit Independent For the period from 01/01/2024 to 12/31/2024, estimated at 1,158,655,739 pounds, a net profit of 687,982,359 pounds, during the comparative period of the previous fiscal year.
It is worth noting that net profits or losses of the year are calculated according to the share of the owners of the parent company.
It is among the top cement producers in Egypt, which offers approximately 6% of Egypt's nominal capacity. The company is listed on the Egyptian Stock Exchange since May 2014, the ACC products of Portland Cement include N42.5 (OPC) and sulfate -resistant cement (SRC) along with high quality of the clinker and exported to many countries between 4 continents.
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