Vicem sales up in first eight months

Vicem sales up in first eight months
13 September 2010


Vietnam Cement Industry Corporation (Vicem) sold 11.578Mt of cement and clinker in the first eight months of this year, rising 5.4% from a year earlier and fulfilling 60.9% of its full-target.

Of the sum, 11.44Mt were cement and 135,000t were clinker, up 5.3% and 9.8% on-year, respectively, the corporation said on its website Monday.

Vicem held 36.6% of the domestic market share during the period.

The corporation made a pretax profit of VND793bn (US$40.67m) in the first eight months of this year, up 67.22% YoY.

It had revenues of VND14.73trn during the time, jumping of 117.02% on-year, fulfilling 61.6% of the full-year target.
Published under Cement News