Arabian Cement Company
As for standalone results, the company recorded losses amounted to LE 116.21 million in 2020, compared to profits of LE 30.09 million in 2019.
As per standalone results, the company recorded profits of LE 32.58 million during the first nine months of 2019, down from LE 215.1 million during the same months of 2018.
Moreover, ACC recorded profits of LE 19.4 million during the second quarter of 2019, compared to LE 50.7 million during the same quarter of 2018.
The deal stipulates to supply local petroleum coke (pet coke) with an annual volume tons as of July 2019.