<p style="text-align: justify;">The Lebanese Company for the Development and Reconstruction of the Beirut Central District S.A.L. (Solidere) released its consolidated financial statements (which take into account the company’s subsidiaries), reporting a net profit of $38.07 million in the first half of the year 2020, compared to a profit of $42.14 million in H1-2019. </p>
Holcim (Liban) S.A.L., one of the leading cement companies in Lebanon, published its audited financial statements this week, reporting a net loss of $0.85 million in 2019, in comparison with a profit of $27.38 million a year before.
Société Libanaise Des Ciments Blancs S.A.L. published its audited financial statements this week, conveying a 64.36% sharp annual drop in net after-tax profit to $2.06 million in 2019, compared to $5.79 million a year earlier.