Tourah Portland Cement reported EGP 22 million in losses for the first quarter of 2015, compared with EGP 9.9 million for the same period of the previous year.

The company suffered EGP 14.4 million in losses in 2014, against EGP 75.8 million in net profit for the corresponding period of the previous year.

The cement producer is capitalised at EGP 357.6 million, distributed across 71.5 million shares at EGP 5 par value each.