In the first half of this year, Spanish cement producer Cementos Portland Valderrivas recorded a net profit of EUR96.19m , up 51.37 per cent on the same period in 2005.
UltraTech Cement Ltd, an Aditya Birla group company has announced that net profit more than tripled for the first quarter ended June 30 2006 on higher domestic realisation and volumes.
Titan increased turnover in first six months by 24.8% to EUR 764.7m and the operating profit at the EBITDA level by 36.5% to EUR 220.4m. Sales of cementitious materials grew by 7.5% to 7.75Mt, while
The UAE based Fujairah Cement Industries Company made $21.1m in net profits for the first half of this year compared to $19.01m during the same period last year, KUNA reported.The company realized net
Florida Rock Industries Inc., provider of concrete and other materials for the construction industry, said Tuesday fiscal third-quarter profit increased 27 percent, as growth in nonresidential demand
Siam Cement PCL (SCC) , Thailand’s top conglomerate, reported a larger-than-expected 13 percent fall in second-quarter earnings on Wednesday as high energy costs continued to bite into profits.
Ciments Français, which essentially covers the non-Italian operations of the Italcementi group, increased first half turnover by an underlying 16.4% to €2,156.9m. With an increase of 10.4% to €1.032.8
USG, which emerged out of its asbestos related bankruptcy proceedings last month, increased turnover by 23.5 per cent to US$3038m in the first six months of the year, with the trading profit jumping 8
Titan Cement plans to start a US$200m cement and clinker factory construction in Albania, it was reported on July 24, 2006. The project will also be co-financed by the European Bank for Reconstructio
JP Morgan has agreed to provide a loan to the Rajawali Group to help finance its acquisition of 24.9 per cent stake of Cemex in state cement maker PT Semen Gresik, a report said. Cemex has agreed to s
The Industrial and Commercial Bank of China (ICBC) will provide a credit package worth US$97m to the Tay Ninh Cement Plant, according to the agreement signed July 24 between the ICBC and France’
More good news for the Indian cement sector as Gujarat Ambuja posted a more-than-double growth in its profitability for the quarter ended June 30. Riding on the back of higher prices, India’s f
Siam Cement and its rival Siam City Cement are both likely to report a decline in second-quarter net profit due to high oil prices and a slowdown in construction projects, analysts say. "Cement sales
Credit Suisse First Boston expects Greece’s Titan Cement to announce pretax profits of Euro 141m for the first half on sales of Euro 722m. Operating profits are seen at Euro 155m, the broker sai
Italian-Thai Development, one of the country’s biggest construction company, said yesterday that it expected a second-quarter net profit similar to the previous quarter’s 197 million baht.
Gujarat Ambuja Cements Ltd., has announced the following business outlook to the Mumbai stock exchange: