Cement News tagged: Corporate

Siam Cement’s Profit Surges On Strength in Petrochemicals

28 April 2005, Published under Cement News

Siam Cement PCL, Thailand’s dominant industrial conglomerate, said net profit for the first quarter rose 36 per cent to 10bn baht (US$253m) from 7.36bn baht a year earlier, mainly because of rob

GCC profits fall 17 per cent on domestic construction slowdown - Mexico

28 April 2005, Published under Cement News

Mexican cement maker Grupo Cementos de Chihuahua reported a 124mn-peso (US$11.2mn) net profit in the first quarter of 2005, dropping 17.1 per cent from 1Q04, company CEO Manuel Milán said during a c

Lafarge North America Reports First Quarter Results

27 April 2005, Published under Cement News

Lafarge North America Inc reported a first-quarter net loss of $188.5m. Excluding a previously announced one- time tax charge of $115.7m associated with the company’s decision to repatriate $1.1

Thai industrial conglomerate firm SCC’s Q1 profit seen up 25%

27 April 2005, Published under Cement News

Net profit of Siam Cement Plc (SCC), Thailand’s largest industrial conglomerate, in the first quarter of this year would expand as much as 25 per cent from the same quarter last year on the back

Florida Rock Posts Higher 2Q Profit

Florida Rock Posts Higher 2Q Profit

26 April 2005, Published under Cement News

Florida Rock Industries Inc., a provider of ready-mixed concrete and construction aggregates, said that second-quarter earnings grew 43 per cent year-over-year due to strong demand in the company&rsqu

Italcementi chairman confirms modest 2005 forecast

25 April 2005, Published under Cement News

Italcementi’s (ITAI.MI) Chairman Giampiero Pesenti on Friday confirmed group targets for 2005 after Italy’s biggest cement maker gave only a modest outlook for the year due to high costs a

Siam Cement forecast remains impressive

Siam Cement forecast remains impressive

25 April 2005, Published under Cement News

Siam Cement prospects remain bright this year, although softer than last year due to (1) expected cement demand in double digits driven by infrastructure projects, (2)

Saudi Yanbu Cement Co Q1

22 April 2005, Published under Cement News

Saudi cement producer Yanbu Cement Company (YCC) posted a net profit of 105.2 mln Saudi riyals ($28.1m) for the first quarter of 2005, slightly up from 104.9 mln riyals ($28m) in the year-ago period.

TPI Polene reports 768 million baht in profits

22 April 2005, Published under Cement News

TPI Polene made 5.6 billion baht from sales in the first three months of this year, up 5.14 per cent from the same period last year. The company’s total income rose 4.22 per cent in the first qu

Cemex 1Q results to get boost from RMC buy

21 April 2005, Published under Cement News

Cemex is expected to report significant sales growth in the first quarter as it consolidates a month of results from its latest acquisition - RMC Group of the U.K.

Mindanao Portland 2004 profit slips

21 April 2005, Published under Cement News

A subsidiary of publicly listed Republic Cement Corp. said earnings declined last year due to a decrease in demand. Mindanao Portland Cement Corp. said its net income for 2004 fell to P163.479m from P

Gresik aims to lift income 10 per cent, Indonesia

20 April 2005, Published under Cement News

Indonesia’s largest cement producer PT Semen Gresik is aiming to increase its net income and profit by 10 per cent this year compared with last year.

Taiwan Cement eyes third spot, China

20 April 2005, Published under Cement News

Taiwan Cement Corp is aiming to become China’s third-largest cement maker by 2008, the Commercial Times reported, citing chairman Leslie Koo

Saudi Southern Province Cement Posts US$40.9m Net Profit Q1 2005

19 April 2005, Published under Cement News

Saudi cement producer Southern Province Cement (SPC) posted a net profit of 153.5m Saudi riyals ($40.9 mln/31.8 mln euro) for the first quarter of 2005, up from 123.8m riyals (US$33 m/25.6m euro) in t

Higher cement prices lift 2004 Holcim net income

18 April 2005, Published under Cement News

Holcim Philippines, Inc. has swung to profits last year with net income after tax of P1.2bn from a net loss of P318.7m in 2003.

Holcim now calls the shots at ACC

18 April 2005, Published under Cement News

Cement major Holcim of Switzerland has announced that it has taken over Associated Cement Companies (ACC) through Ambuja Cement India Ltd (ACIL).