{"id":636953,"date":"2017-11-05T03:44:20","date_gmt":"2017-11-05T03:44:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/05\/market-conditions-remain-challenging-in-egypt-titan-cement-says\/"},"modified":"2017-11-05T03:44:20","modified_gmt":"2017-11-05T03:44:20","slug":"market-conditions-remain-challenging-in-egypt-titan-cement-says","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/05\/market-conditions-remain-challenging-in-egypt-titan-cement-says\/","title":{"rendered":"Market conditions remain challenging in Egypt, Titan Cement says"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> Market conditions in Egypt remained challenging in 9M2017 and demand for building materials in 2017 is estimated at 8% below 2016\u2019s, cement producer Titan Group said in reporting its 3Q2017 results, <a href=\"https:\/\/www.cemnet.com\/News\/story\/162776\/titan-group-announces-9m17-net-profits-of-eu33-1m.html\">CemNet reports<\/a>. The company recorded a net profit after minority interests and the provision for taxes of EUR 33.1 mn in 9M2017, down from EUR 121.9 mn a year earlier. Titan says 3Q2017 results reflected two exceptional events, the negative impact of hurricane Irma in the US and the implementation of an organizational restructuring program in Egypt and drove net profit to drop to EUR 19.2 mn from EUR 112.7 mn in 3Q2016.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market conditions in Egypt remained challenging in 9M2017 and demand for building materials in 2017 is estimated at 8% below 2016\u2019s, cement producer Titan Group said in reporting its 3Q2017 results, CemNet reports. The company recorded a net profit after minority interests and the provision for taxes of EUR 33.1 mn in 9M2017, down from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9492],"tags":[9491,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-636953","post","type-post","status-publish","format-standard","hentry","category-agriculture-commodities","tag-agriculture-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"53443e88-8bd6-4948-8bd9-2528a79a1f31","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[636917],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Market conditions remain challenging in Egypt, Titan Cement says - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/05\/market-conditions-remain-challenging-in-egypt-titan-cement-says\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Market conditions remain challenging in Egypt, Titan Cement says\" \/>\n<meta property=\"og:description\" content=\"Market conditions in Egypt remained challenging in 9M2017 and demand for building materials in 2017 is estimated at 8% below 2016\u2019s, cement producer Titan Group said in reporting its 3Q2017 results, CemNet reports. The company recorded a net profit after minority interests and the provision for taxes of EUR 33.1 mn in 9M2017, down from [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/05\/market-conditions-remain-challenging-in-egypt-titan-cement-says\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-05T03:44:20+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/05\/market-conditions-remain-challenging-in-egypt-titan-cement-says\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/05\/market-conditions-remain-challenging-in-egypt-titan-cement-says\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Market conditions remain challenging in Egypt, Titan Cement says\",\"datePublished\":\"2017-11-05T03:44:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/05\/market-conditions-remain-challenging-in-egypt-titan-cement-says\/\"},\"wordCount\":107,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Agriculture + Commodities\",\"EnterpriseAM\"],\"articleSection\":[\"Agriculture + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/05\/market-conditions-remain-challenging-in-egypt-titan-cement-says\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/05\/market-conditions-remain-challenging-in-egypt-titan-cement-says\/\",\"name\":\"Market conditions remain challenging in Egypt, Titan Cement says - 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