Cement News tagged: Corporate

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

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

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

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

RAK White Cement sales up

17 August 2004, Published under Cement News

Ras Al Khaimah White Cement and Construction Company has achieved a qualitative leap in its operations and investments, whereby its sales increased by 20 per cent against sales accomplished during 200

Datong Cement Co 1H figures

16 August 2004, Published under Cement News

Shenzhen-listed Datong Cement Co has reported earnings per share of 0.025 yuan for the first half of 2004 ended June 30, up from the 0.02 yuan for the same period of 2003. The company¡&hibar;s net pro

Nordea and Danske Bank set to rebuild FLS fortunes

16 August 2004, Published under Cement News

Nordea and Danske Bank are set to help rebuild the fortunes of FLS Industries, the Danish engineering group and once held in high esteem by the country’s industrialists.Nordea and Danske, also l

Taiheiyo Cement cuts domestic output

16 August 2004, Published under Cement News

Taiheiyo Cement Corp. has lowered domestic cement output because of rising production costs stemming from a jump in prices of coal, the main fuel used in making cement. Coupled with a price hike of 30

Siam City earnings

13 August 2004, Published under Cement News

Siam City Cement PCL, Thailand’s second largest cement producer, Friday reported flat earnings growth in the second quarter as rising sales costs offset higher revenue.