Al-Nahda Cement, a subsidiary of the business sector, turns profitable after restructuringVisits : 236

Al-Nahda Cement, a subsidiary of the business sector, turns profitable after restructuring

Al-Nahda Industries, an Egyptian joint stock company affiliated with the public business sector and specialized in cement production, said that it achieved a net profit of 31 million pounds for the year 2021, compared to losses for the years 2019 and 2020, after a plan to restructure the company.

Engineer Ahmed Sherine Koraim, CEO and Managing Director, indicated that during the period between April 2021 and the end of 2022, Al-Nahda Company restructured the administration with the thinking of the private sector, and this is in line with the state policy, and the directives of the President of the Republic to achieve positive results for public business sector companies.

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