Cement News tagged: Corporate
Lafarge Malayan Cement plans capital return
Lafarge Malayan Cement Bhd is planning a capital repayment of up to RM566.5m to its shareholders, the firm said yesterday.
TPI Polene TPIPL 4Q06 net profit up 86.4% YoY but down 31.5% QoQ
TPI Polene’s 4Q06 results were in line with the market consensus but higher than expected due to extra gains on foreign exchange of Bt342m
Cemex Quarterly income rises, sales gain
Cemex said net income rose 64% in the fourth-quarter to $416.7m from $253.4m in the prior year as the company benefited from increased sales in most of its markets.
ACC sells Everest stake
ACC has sold off its residual 8.2% equity stake in building materials manufacturer, Everest Industries, in the secondary market.
Polpaico 2006 profits up 8.6%
Chilean cement producer Cemento Polpaico increased consolidated net profits 8.6% to 16.2bn pesos (US$29.9m) during 200
Siam Cement (SCC) disappointing 4Q06 result
FY06 net profit fell 9% YoY to Bt29.45bn, while 4Q06 net profit dropped 8% y-o-y and 39% q-o-q to Bt4.67bn, below expectations. Besides poor performance at all business units,
Holcim change, New Zealand
Holcim change Jeremy Smith will become managing director of Christchurch’s Holcim Cement in June.
Cemex seen boosting quarterly profits
Cemex is likely boosted its fourth-quarter operating profit by 31 per cent, helped by higher prices for its products and cost savings, a survey of analysts showed.
Hanson on a high as bid talk resurfaces
Hanson came within a whisker of record highs today as talk of a bid for the building products supplier resurfaced. The shares climbed 16p to 793p, after briefly touching 799p, as more than four millio
UAE National Cement Co 2006 net profit down
The UAE Dubai-based National Cement Company (NCC) reported a net profit of AED222.6m (US$60.6m) in 2006, down from AED254.5m in 2005
Siam Cement plans THB15bn bonds in March
Siam Cement PCL, Thailand’s biggest industrial conglomerate, said on Wednesday it planned to sell up to THB15bn (US$429m) of 4-year bonds in March.
India Cements 9-month net up
With unabating buoyancy in cement demand, India Cements stayed itself firmly in the high profit zone. It posted a record net profit of Rs 79.78 crore in the third quarter ending December 31, 2006
Capital markets board approves tender call exemption for Akcansa shares
The cement manufacturer Akcansa Cimento announced that the Capital Markets Boards has approved HeidelbergCement Mediterranean Basin Holdings’ application for an exemption from launching a tender call
India’s Grasim Q3 profit soars, beats forecast
Grasim Industries Ltd said its quarterly net profit more than doubled on higher sales, beating market expectations
Mangalam Cement sees high YoY, QoQ realisations
Mangalam Cement has declared its first quarter results. The company’s Q1 net profit is up at
Siberian Cement’ Splits Shares
Federal Financial Markets Service registered the issue of ordinary nominal shares of the holding company ’Siberian Cement’ (Kemerovo).