Drop in Ciments Blancs profits
The company's net profit reaches $1.8 million in first nine months
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The company made a full year net profit of $3 million in 2008.
Total sales reached $10 million at the end of September compared to $13 million in full-year 2008.
Consolidated assets hit $19 million at the end of the third quarter, the company said.
Société Libanaise des Ciments Blancs is based in Chekka and a subsidiary of Holcim Liban. Its services include the production of white cement and clinker.
Date Posted: Dec 17, 2009
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