Egypt's Torah Cement's 2010 net profit rose 29.6 percent, the stock exchange said on Thursday. Net profit rose to 443 million Egyptian pounds ($75.2 million) from 341.7 million pounds in 2009. Torah is a subsidiary of Egypt's largest listed cement maker, Suez Cement, whose 2010 net profit declined 4.9 percent. Suez, a subsidiary of Italcementi , holds approximately 26 percent of Egypt's market share for grey cement and 42 percent for white cement.
