Cement News tagged under: 3Q16
Brazil: CSN 3Q16 revenue up 13.6% YoY17 November 2016, Published under Cement NewsBrazilian steel and cement maker Companhia Siderurgica Nacional's (CSN) 3Q16 results improved in comparison with the year-ago quarter, primarily due to higher sales volume in the mining segment. The company's net loss contracted 80 per cent YoY to BRL106.6m (US$32.9m). CSN generated net revenue of BRL4469.2m (US$1379.4m) from all its operations, increasing 13.6 per cent YoY. Approximately 47 per cent of CSN's net revenue was generated from domestic markets, while the rest was sourced... |
Peru: Unacem reports loss of US$1.15m in 3Q1631 October 2016, Published under Cement NewsThe company Union Andina de Cementos (Unacem), one of the two largest companies in the sector in Peru, reporteda loss of PEN3.9m (US$1.15m) in the third quarter due to lower sales due to a fall construction activity. This result compared to a profit of PEN24.7m for Unacem between July and September 2015. Unacem revenues in the 3Q16 amounted to PEN464.6m compared to PEN496.1m in the same period last year. From January to September, the cement company posted a profit of PEN354.5m compar... |
Thailand: SCCC profits shrink31 October 2016, Published under Cement NewsSiam City Cement Co (SCCC) posted a smaller profit for 9M16 as a result of higher financing costs, spending on acquisitions and annual shutdowns. CEO, Siva Mahasandana, said the net sales for 9M16 stood at THB24.8bn (US$708.4m), a five per cent increase from the THB23.7bn registered in the same period of 2015. Net profit fell 16 per cent YoY from THB3.6m to THB3m in the period under review. SCCC recently acquired a Sri Lankan cement manufacturer Holcim (Lanka) Ltd with the deal complet... |
Peru: Cementos Pacasmayo 3Q16 net income falls 21.7%25 October 2016, Published under Cement NewsCementos Pacasmayo SA's consolidated results for the 3Q16 and nine months (9M16) ended 30 September 2016 recorded cement, concrete and concrete block volumes were down 1.6 per cent, largely due to extraordinary spending in regard to El Niño prevention in 3Q15, says Businesswire. Revenues rose 0.4 per cent to PEN314.2m (US$83.5m), while the consolidated EBITDA of PEN04.5m was up 4.9 per cent. Net income of PEN43.3m, down 21.7 per cent, due to the termination of borrowing cost capitalisatio... |
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