Cement News tagged under: Sumitomo Osaka Cement Co

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Sumitomo Osaka sees 6% fall in 1H revenue

11 November 2020, Published under Cement News

Japanese cement producer Sumitomo Osaka Cement Co posted a 6.4 per cent fall in its 1H revenue ended 30 September 2020 to JPY112.12bn from JPY119.84m in the 1HFY20-21. Operation profit slipped 5.3 per cent to JPY6.02bn in the first six months of FY20-21 from JPY6.3bn in the year-ago period. Pretax profit edged down 3.9 per cent YoY to JPY6.59bn from JPY6.96bn while net profit slipped 1.3 per cent to JPY4.5bn from JPY4.56bn over the same period. Sumitomo Osaka Cement Co forecasts a revenue ...

Sumitomo Osaka Cement posts 11% revenue fall

06 August 2020, Published under Cement News

Japan’s Sumitomo Osaka Cement has reported a 11.2 per cent YoY fall in revenue to JPY52.35bn (US$495.7m) in the quarter ending 30 June, against JPY58.92bn in the corresponding period of last year. Net profit also declined nine per cent YoY to JPY1.92bn from JPY2.11bn. Sumitomo Osaka Cement is Japan's third-largest cement producer. The company operates around 10.5Mta of cement capacity and 8.4Mta of clinker capacity at four integrated plants.

Sumitomo Osaka Cement records 10% revenue increase in 1QFY18-19

07 August 2018, Published under Cement News

Japan’s Sumitomo Osaka Cement Co recorded a 10 per cent YoY revenue increase in the first quarter of the FY18-19 period, rising to JPY60.19bn (US$540.56m) from JPY57.35bn. However, operating profit has declined 26.9 per cent YoY to JPY2.74bn, compared to JPY3.75bn of the year-ago period. The company’s net profit saw a similar fall of 21.7 per cent to JPY2.16bn.

Sumitomo Osaka Cement sees 4% revenue rise in FY17-18

10 May 2018, Published under Cement News

Japan-based Sumitomo Osaka Cement Co reported a 4.4 per cent rise in group revenues to JPY244.93bn (US$2.23bn) for FY17-18 ending March 2018 from JPY234.06bn in the previous financial year. Operating profit fell -11.8 per cent from JPY21.53bn in FY16-17 to JPY18.99bn in FY17-18 while pretax profit slipped 9.6 per cent to JPY20.15bn from JPY22.63bn in the same period. The company’s net profit was 9.6 per cent lower at JPY14.66bn in FY17-18 from JPY16.21bn in FY16-17. Sumitomo Osaka Ceme...

Sumitomo Osaka 9M operating profit seen rising 11%

26 January 2016, Published under Cement News

Japanese cement producer Sumitomo Osaka Cement likely will report an 11 per cent rise in operating profit of around JPY17bn (US$142m) for the nine months ended in December, as lower coal prices lift profitability. The Nikkei reported that sales are expected to have increased by about two per cent to around JPY176bn as weaker demand in Japan amid a construction shortage was offset by exports to elsewhere in Asia. The company's high shipping costs in the year-earlier period due to probl...

Sumitomo Osaka to expand Kochi plant, Japan

18 August 2015, Published under Cement News

Sumitomo Osaka Cement Co said Monday it will spend JPY2.6bn (US$21m) to expand facilities at its plant in the city of Susaki, Kochi Prefecture, western Japan, according to local press reports. Upon completion of the project in January 2017, capacity at the plant will be boosted by 0.2Mta to 0.5Mta, the company said. Sumitomo Osaka Cement is seeking to ensure stable supplies of the materials as demand is seen increasing in the Kanto eastern region on the back of construction projects relate...