Cement News tagged: Corporate
YTL posts higher 3Q pre-tax profit, Malaysia
YTL Cement Bhd posted a higher pre-tax profit of MYR127.258m (US$4.4m), for the third quarter ended
Lafarge selects few bids for plaster business
Lafarge has chosen a handful of bids, including those of investment funds Cinven and Bain Capital, for its plaster unit Lafarge Gypsum
CI Capital cuts Sinai Cement rating to Hold
CI Capital cut Sinai Cement by 29%, to EGP53/share, leaving 17% upside potential and downgraded its recommendation from Strong Buy to Hold.
Lafarge Malayan Cement pre-tax profit rises
Lafarge Malayan Cement Bhd’s pre-tax profit increased by 21 per cent to MYR69m (US$22m) in the first quarter ended March 31, 2011
Bim Son Cement first-quarter net profit, Vietnam
Bim Son Cement JSC (BCC), listed on the Hanoi Stock Exchange, made a net profit of VND22.88bn (US$1.12m
China Shanshui: Sold US$400m bond, China
China Shanshui Cement Group Co Ltd has sold a US$400m five-year global dollar bond at par to yield 8.50%
BoF-Merrill Lynch upgrades Lafarge’s rating to "buy"
Bank of America-Merrill Lynch upgraded French cement maker Lafarge (EPA:LG) to "buy" from "neutral",
Italcementi unit approves cap hike for EUR51m
Italian Calcestruzzi, a unit of Italcementi, has given the green light to a recapitalisation of EUR50.8m (US$72.5m),
Anhui Conch to issue CNY9.5bn corporate bonds??
Anhui Conch Cement plans to issue CNY9.5bn worth of corporate bonds, including CNY5bn (US$768m)
Cemex heads for more debt refinancing
Four years after Cemex’s biggest-ever acquisition, the Mexican cement maker is still not generating enough cash flow to pay down its debts and
Fujairah Cement faces challenging future
UAE-based Fujairah Cement Industries Company (FCI) has declared its 1Q11 results recording net loss of AED2.6m (US$437,874) in 1Q11
Thailand’s Siam City Cement: 1Q11 earnings a four-year record
Siam City Cement (SCCC) has announced strong 1Q11 earnings of THB1160m (EPS Bt4.85), the highest in four years,
China Shanshui seeks to sell US$300m-500m dollar bond
China Shanshui Cement Group Co is seeking to sell a US$300m-$500m global dollar bond with a yield of
Vulcan declares quarterly dividend on common shares
The Board of Directors of Vulcan Materials Company at a regular meeting declared a quarterly dividend of
National Cement posts nine-month rise, Egypt
Egypt’s National Cement posted a 21 per cent rise in nine-month profit to EGP257.2m (US$43m)
Kuwaiti Hilal Cement 1Q net profit rises, Kuwait
Kuwaiti cement producer Hilal Cement said in a bourse filing its net profit rose to KWD 390,310 (US$1.4m)