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Titan's losses decrease to EGP 236M

Titan's losses decrease to EGP 236M

ArabFinance:   Alexandria Cement (Titan(ALEX) announced, in a statement sent to EGX, the audited financial results for the financial year 2019. 

The company incurred consolidated net losses of EGP 236,316,079, compared to net losses of EGP 394,166,028 a year ago, taking into account the minority rights.  

Moreover, it incurred standalone net losses of EGP 157,448,541, compared to net losses of EGP 251,976,074 last year. 

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