Cement News tagged under: Hoang Mai Cement

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Hoang Mai Cement expects revenue at US$80m this year

10 October 2014, Published under Cement News

Hoang Mai Cement JSC (HOM), an affiliate of Vietnam Cement Industry Corporation (Vicem), forecast its net revenue at VND1.7trn (US$80m) and pretax profit at VND45bn, thank to a rebound in demand of cement in the local market. The projection was made by Truong Quoc Huy, director of HOM in a report posted on  a website under the Ministry of Construction. In 2014, the company’s total cement sales are forecast to hit 1.7Mt and clinker sales are predicted at 81,000t, versus respective 1.24Mt of ...

Vicem Hoang Mai Cement seeks to raise 2013 pretax target, Vietnam

05 March 2013, Published under Cement News

Vicem Hoang Mai Cement JSC is seeking approval from its parent company Vietnam Cement Industry Corporation (Vicem) to revise its 2013 pretax target upwards by 4.65 per cent. The company hopes to raise its target to VND90bn (US$4.29m) from the initial VND86bn, its chief accountant, Tran Minh Son, told the Dau Tu Chung Khoan newspaper. Last year Hoang Mai Cement achieved a net profit of VND112.72bn (US$5.39m) on revenue of VND1.53trn last year, down 13 and up 8.07 per cent, respectively.

Hoang Mai Cement sets 2013 profit target, Vietnam

07 January 2013, Published under Cement News

Hoang Mai Cement (HOM) JSC targets a profit of VND86bn (US$4.11m) this year, according to the company’s chief accountant, Tran Minh Son. HOM is part of the Vicem group which  directs much of the largely state-run Vietnam cement industry. For the nine months to September 2012, HOM achieved a net profit of VND54.58bn on revenue of VND1.06trn, down 30.67 per cent and up 3.92 per cent YoY, respectively. The nine-month earnings per share was VND788. HOM is now carrying out a plan to buil...

Hoang Mai Cement to invest in new line, Vietnam

05 April 2012, Published under Cement News

Shareholders of Vicem’s Hoang Mai Cement Joint Stock Co have agreed invest VND102.7bn in projects this year. Local press report that the company plans to spend VND67bn in building a new production line in Hoang Mai 2 cement plant with designed capacity of 4.5Mta. In 2012, the company has set targets to reach total revenue of VND1.645trn, pre-tax profit of VND163bn, increasing by 11.4 per cent and 7.8 per cent respectively against 2011.