Cement News tagged under: Industria Nacional del Cemento of Paraguay

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Paraguay’s INC registers 5M13 loss

18 July 2013, Published under Cement News

State-owned Industria Nacional del Cemento of Paraguay noted a loss of PYG22.413bn (US$5m) in the first five months of 2013, indicating a rise on the previous year. In 2012, the company registered a full-year loss of PYG41.646bn, according to local news service ABC. The 2012 loss is attributed to a combination of high sales and operational costs. Sales costs reached PYG343.676bn against a revenue of PYG392.626bn. The gross margin of nearly PYG49bn is offset by operational costs of PYG81...