Cement News tagged: Corporate

Cash-flush PPC declares R1-billion in dividends

05 November 2004, Published under Cement News

Pretoria Portland Cement (PPC) has celebrated an outstanding trading year to end September by declaring total dividends of more than R1bn.

Philippine Republic OKs Cement Co Acquisition

04 November 2004, Published under Cement News

Republic Cement Corp said its stockholders have approved the acquisition of Continental Operating Corp. Continental is the local cement unit of Republic Cement shareholder, Lafarge. Republic Cement sa

Associated Cement Companies

04 November 2004, Published under Cement News

The management of Associated Cement Companies (ACC) held a conference call to discuss their quarterly and half-yearly results. The company mentioned that it owed its good performance in Q2 FY05 to b

UAE Umm Al-Qaiwain Cement Industries

04 November 2004, Published under Cement News

The net profit of UAE cement manufacturer Umm al-Qaiwain Cement Industries Company surged to 6.4 mln Kuwaiti dinars ($21.7m) for the first nine months of 2004 from 1.9 mln dinars ($6.4m) in the year-a

Insurance firm challenges Union Cement purchase

Insurance firm challenges Union Cement purchase

04 November 2004, Published under Cement News

A Philippine insurance company has asked the Securities and Exchange Commission (SEC) to reverse an earlier order exempting the sale of Union Cement Holdings Corp. (UCHC) shares from the mandatory ten

Lafarge NAmerica reports lower Q3

03 November 2004, Published under Cement News

Lafarge North America late Tuesday reported third-quarter earnings of $165.6m, or $2.16 a share, compared with $225.3m, or $3.07 a share, last year. The construction materials supplier reported sales

St Lawrence Cement Group Third Quarter Results

St Lawrence Cement Group Third Quarter Results

03 November 2004, Published under Cement News

St Lawrence Cement Group reported sales of $428.6m for the third quarter ended September 30, 2004, compared to $401.3m for the same period last year, an increase of 7 per cent. Net earnings were up 11

Gezhouba Group earns US$1.89m

03 November 2004, Published under Cement News

The Shanghai-listed Gezhouba Group Corporation reported main business revenues of RMB 467.14m (USD 56.42m), with total net profits of RMB 15.62m (USD 1.89m) in the third quarter of 2004. Cement

Vicat Posts higher Q3 turnover

03 November 2004, Published under Cement News

French building materials supplier Vicat SA posted a Euro 432.56m turnover for the third quarter of 2004,

CRH talks to JP Morgan analysts

03 November 2004, Published under Cement News

Reporting from a recent Dublin meeting with JP Morgan analysts, they note that although CRH did not talk about current trading as such, they believe the overall tone was that there probably would not

Birla back in black

03 November 2004, Published under Cement News

The Birla Group flagship, Birla Corporation Ltd, is back in black with a net profit of Rs13.38 crore for the quarter to September 30, 2004. The company posted a net loss of Rs8.14 crore during the cor

More gains at Oman Cement

02 November 2004, Published under Cement News

Oman Cement has posted a 55 per cent increase in net profit at RO9.67 million for the first nine months of the current year ended September 30, 2004. Bashar Saleh Al Dhahir has resigned from the boar

Japan’s Sumitomo Osaka Cement cuts forecast

02 November 2004, Published under Cement News

Cement maker Sumitomo Osaka Cement Corp said it has lowered its full year to March 2005 net profit forecast to 4.6bn yen from 5. 5bn due to the adverse impact of surging coal and crude oil prices, whi

Italcementi Q3 net flat to lower

02 November 2004, Published under Cement News

Italcementi SpA’s third quarter net profit, due Friday, is expected to be flat to lower on the lack of last year’s exceptional gains, and on higher energy costs, analysts said. The net wil

Indocement nine months figs down

02 November 2004, Published under Cement News

PT Indocement Tunggal Prakarsa, Indonesia’s second-largest cement maker, Monday said its nine-month net profit fell 74 per cent on year due mainly to foreign exchange losses. Net profit in Janua

Cemex acted quickly to cement RMC deal

02 November 2004, Published under Cement News

The market heard about the deal on September 27 and was excited by its sheer size – reports the UK Banker magazine. Cemex, Mexico’s cement manufacturer, paid no less than $4.1bn in cash for RMC,