Cement News tagged under: Fuji Cement
Margins affected by 10% super tax08 August 2022, Published under Cement NewsPakistan cement companies listed on the Pakistan Stock Exchange (PSX) are scheduled to announce their financial results for FY21-22 in August-September. The cement industry has fingers crossed to see their top line, which is likely to be impacted by the government's imposition of a one-time surcharge on the previous year's income. The Inter Market Securities Ltd estimated that higher tax and interest would chop earnings of the top seven companies. IMS Cement Universe's (comprising Lucky ... |
Strategic Sri Lankan tie-up05 December 2014, Published under Cement NewsSri-Lanka based Fuji Cement, a subsidiary of Tokyo Cement which functions as an independent company, is to merge with its parent company and become a single entity with effect from February 2015. Following the merger, the new entity will be named Tokyo Cement Company Lanka Plc. For the merger the companies will cancel the status capital and asset and liability of Fuji Cement and are now waiting for the Company Registrar's approval to go proceed. Tokyo Cement is a joint venture between... |
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