HomeTechnologyArab Finance - South Valley Cement's losses increased to 237 million pounds...

Arab Finance – South Valley Cement's losses increased to 237 million pounds within 9 months


South Valley Cement's losses worsened to 237 million pounds within 9 months

Arab Finance: Company announced South Valley Cement – (SVCE)on the results of its operations during the period from 01/01/2024 to 09/30/2024 Which showed net losses amounting to 237,496,183 pounds, compared to the company achieving net losses amounting to 63,103,961 pounds during the period from 01/01/2023 to 09/30/2023.

About the results of its operations for the financial period ending in 30/06/2024It showed a net loss of 47.195 million pounds, compared to the company achieving net losses of 76.248 million pounds during the same period of the previous year.

The company was established in 1997. Its purpose is to produce various types of cement and other products affiliated with or related to the cement industry and to produce other building materials and construction supplies.

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