Cement News tagged under: Cementos Polpaico
Cementos Polpaico sees 23% earnings rise in 9M1928 October 2019, Published under Cement NewsChile-based Cementos Polpaico, owned by the Hurtado Vicuña Group, reported earnings of CLP3869.19m (US$5.32m) in the 9M19, representing a rise of 22.8 per cent YoY. In the first nine months of 2018, the company’s earnings reached CLP3150.38m. The cement producers recorded income from ordinary activities of CLP132.68bn in the 9M19, a 9.4 per cent advance when compared with CLP121.321bn in the year-ago period. EBITDA increased 46.6 per cent YoY, explained by “a 9.4 per cent increase in reven... |
Cementos Polpaico swings into black in 9M1826 November 2018, Published under Cement NewsChile-based Cementos Polpaico has reported revenues of CLP121.321bn (US$ 179.8m) in January-September 2018, representing a 25.9 per cent YoY increase. In addition, the company has achieved a rise in net profits to CLP3.15bn, a considerable improvement when compared with losses of CLP2.281bn in the previous-year period. In a year, the cement producer renewed its brand image and presented a new corporate image that is part of its development strategy following the entry of the Hurtado Vi... |
Chile's changing market02 December 2016, Published under Cement NewsThis week Cementos Bio Bio announced its 9M16 profits had been hard hit by foreign exchange rates and a similar story was given by Cemento Polpaico, even though it quadrupled its new profits YoY. But beyond these recent results, the industry is embarking on a period of significant transition. Chile's cement market recorded its lowest sales growth in 1H16, reaching US$514bn as Cementos Melon, Polpaico and Bio Bio clawed in sales that were up just 3.7 per cent on the same period in 2015. ... |
Chile's three largest cement producers sees 1H sales rise 3.7%27 September 2016, Published under Cement NewsChile's top three cement companies - Cemento Melon, Cementos Polpaico and Cementos Bio Bio - recorded a 3.7 per cent YoY rise in sales to CLP339.82bn (USD510.48m) in the first six months of 2016. This represents the lowest growth rate in three years. Cementos Bio Bio's sales increased 6.6 per cent to CLP151.9bn as it was affected by the economic slowdown. Cementos Polpaico posted sales of CLP75.92bn, an advance of two per cent when compared with 1H15, on the back of better pricing as volum... |
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