Home entertainment Egypt .. Arab Cement shares have achieved the highest level since its...

Egypt .. Arab Cement shares have achieved the highest level since its inclusion

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Al Arabiya Cement Cement and Approach During the Egyptian Stock Exchange during the trading of today, Wednesday, he succeeded in overcoming the level of 38 pounds for the first time since its launch on the stock exchange, to record a new record.

The highest price for the share was at the end of the session at 39.24 pounds, while the lowest price for the share was at 36.5 pounds, to touch the highest price since it was displayed on the Egypt Stock Exchange.

The stock rose by 4.11% at the end of trading today, Wednesday, to close at 38 pounds per share.

The trading on Arab Cement shares at the end of the session came through 1.03 thousand trading operations, on 770.07 thousand shares with a value of trading 29.25 million pounds.

Mali, the company achieved a growth in its net profits during the first quarter of the fiscal year 2025, with 286.77%, to reach 590.37 million pounds, compared to its net profits during the first quarter of the fiscal year of 152.64 million pounds.

The annual non -collected profits of the company during the fiscal year increased 2024 by 290.8% to 588.23 million pounds, compared to net profits of 150.53 million pounds.

And Arabic cement is one of the leading companies in the cement industry in Egypt, and it was established in 1997 and commercial production began in 2007, and plays a major role in meeting the needs of the local market as well as exporting to foreign markets, and its products vary between regular and compound cement, and the company relies on the latest technology in production operations and is committed to the highest quality and environmental safety standards.

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