Vicem sales up in first eight months

Vicem sales up in first eight months
Published: 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.