Cement News tagged: Corporate

Subterfuge at Semen Gresik

24 August 2004, Published under Cement News

According to the Jakarta Post, There is only a very slim chance that Indonesia might win its dispute with Mexican cement company Cemex SA over the foreign firm’s investment in state-controlled P

Wienerberger improves first half margins

23 August 2004, Published under Cement News

First half turnover at Wienerberger rose by 15.1% to €837.6m and the EBITDA improved by 22.6% to €185.8m, while, after adjusting for changes to accounting policy, the trading profit emerged 35.1% high

Holcim to report

23 August 2004, Published under Cement News

Holcim is due to report its H1 results at 6am London time on Friday 27 August. Analysts at JP Morgan expects it to report around a 7% increase in sales, 17% growth in operating profit and 29% higher e

Chia Hsin Cement 1H Net +81% on strong prices

23 August 2004, Published under Cement News

Hong Kong-listed Chia Hsin Cement Greater China Holdings Corp, one of the largest Taiwanese-owned cement makers operating in China, said its first-half net profit rose 81% from a year earlier, boosted

Chia Hsin thrives on price rise

Chia Hsin thrives on price rise

20 August 2004, Published under Cement News

Cement maker Chia Hsin Cement Greater China Holding Corp saw net profit jump 80.73 per cent to US$12.29m in the first six months of this year, its first interim results since going public last year.

Investors dwell on Boral’s uncertainties

19 August 2004, Published under Cement News

Analysts were divided yesterday over Boral’s outlook, but the market seems to be voting with its feet. The company posted a bumper 2004, and gave an outlook that exceeded a number of analysts&r

Alexandria Cement

Alexandria Cement

19 August 2004, Published under Cement News

Alexandria Cement posted 1H FY04 results ending June, wherein the company incurred a LE17.6 million net loss down from a net loss LE23.1 million recorded in the comparable period last year. Meanwhile

Chilean mining and chemicals company SQM is to sell its

19 August 2004, Published under Cement News

Chilean SQM sells share in Cemento Melón 14.05% share in cement company Melón. The announcement was made by the Santiago Commerce Exchange on August 18. 653,748.837 shares of the cement company are go

Markets await Ultra Tech’s listing

19 August 2004, Published under Cement News

Indian stock markets are anxiously waiting for the listing of AV Birla group’s Ultra Tech Cemco, the new cement company carved out of Larsen & Toubro. It is yet to be listed on the stock exchanges, th

Gresik climbs higher

18 August 2004, Published under Cement News

Indonesian shares are higher Wednesday led by buying in cement maker Semen Gresik on news that the government will buy back Mexican company Cemexa’s 25.53% stake in Gresik, dealers said. Overall

Sinai Cement posts higher profits

17 August 2004, Published under Cement News

Egyptian cement producer Sinai Cement posted a net profit of 35.24 mln Egyptian pounds (US$5.7m) for the first half of 2004, up from 23.86 mln pounds (US$3.8m) in the same period of 2003. The comp

AXA buys into HeidelbergCement

17 August 2004, Published under Cement News

French insurer AXA has acquired a 9.28 per cent stake in cement maker HeidelbergCement, the German company said in a statement on Tuesday.

Siam City 2Q04 earnings slow

17 August 2004, Published under Cement News

Siam City Cement (SCCC) reported a slow down in 2Q04 earnings with a net profit of Bt950mn down 21 per cent q-o-q but stable y-o-y. The quarterly slow down was the result of a downturn in sales and g

Misr Beni Suef posts profits H1 2004

17 August 2004, Published under Cement News

Egyptian cement producer Misr Beni Suef Cement (MBSC) posted a net profit of 19.63m Egyptian pounds (US$3.2m) for the first half of 2004, up 15.7 per cent year-on-year. The

Jordan Cement Factories H1 2004

17 August 2004, Published under Cement News

Jordanian cement producer Jordan Cement Factories Co (JCFC) registered an 86.6 per cent surge in net profit to 22.79m Jordanian dinars (US$32.2m) for the first half of 2004 from

Cimpor mulls purchase of Loma Negra

17 August 2004, Published under Cement News

Portuguese cement company Cimpor - Cimentos de Portugal SGPS is studying the possibility of purchasing Argentine cement maker Loma Negra, it was reported on August 14, 2004. According to a publicati