Cement News tagged under: Gornozavodsktsement

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Gornozavodsktsement FY16 net profit down to RUB370.8m

30 March 2017, Published under Cement News

Gornozavodsktsement reported a -9.9 per cent drop in revenues to RUB3.65bn (US$64.7m) in FY16 vs RUB4.05bn in FY15, according to Russian accounting standards. FY16 net profit fell -45.4 per cent YoY from RUB679.3m to RUB370.8m.

Russia: Gornozavodsktsement to raise output

09 April 2015, Published under Cement News

Gornozavodsktsement, based in the Volga region of Russia, plans to produce 1.55Mt of cement worth RUB4.49bn (EUR74.01m) in 2015). The company, which has a capacity of 2.2Mta, produced 1.578Mt in 2014 (+3 per cent against 2013). Revenue amounted to RUB4.472bn (+3.5 per cent). Net profit totalled RUB941m against RUB 838m in 2013.