Earnings Report /
Egypt

Egypt Tiles Producers 3Q21 – revenue recovers on volumes and prices

  • Revenue recovers on volumes and prices; Gas hike more evident in LCSW than ECAP

  • ECAP: Government Projects Drives Local Demand; Gas Prices Rise Still in Favour

  • LCSW: Price Rise Offsets Costs Inflation; Profitability Pressured Looking Ahead

Marina William
Al Ahly Pharos Securities Brokerage
15 November 2021