Cement News tagged: Corporate

Pacasmayo H1 profits

30 July 2004, Published under Cement News

Peru’s second largest cement producer Cementos Pacasmayo posted an 11.3% increase in net profits to PEN31m (US$9.07m) for the first half of 2004 compared to PEN27.9m in 2003, according to a fili

St Lawrence Cement 2Q

30 July 2004, Published under Cement News

Second-quarter net income rose 25% at St. Lawrence Cement Inc, reflecting higher sales volumes and price increases.

Portuguese Semapa buys

30 July 2004, Published under Cement News

Enersis, the renewable energy unit of Portuguese cement maker Semapa, bought in co-operation with the largest local bank, state-owned Caixa Geral de Depositos SA (CGD), the entire stake in Renewable E

Gujarat Ambuja net up

30 July 2004, Published under Cement News

Buoyed by higher cement prices, Gujarat Ambuja Cements Ltd (GACL), the fourth-largest cement producer, has posted a 50% jump in net profit for the fourth quarter ended June 30 to Rs 117.2 crore, up fr

Vulcan up by 18.7%

Vulcan up by 18.7%

29 July 2004, Published under Cement News

Turnover for the first six months grew by 7.5% to US$1,433.8m and the EBITDA advanced by 9.0% to US$279.5m. The aggregates-based business generated a turnover 7.5% ahead at US$1,122.3m to produce an 1

Ssangyong returns to black

29 July 2004, Published under Cement News

Ssangyong Corp, a South Korean general trading company, said today that it swung to a net profit of 10.19 billion won (US$8.72 million) in the first half, a 214.2 per cent surge from a year ago. The

Fujian Cement 1H report

Fujian Cement 1H report

28 July 2004, Published under Cement News

Shanghai-listed Fujian Cement Stock Co has reported earnings per share of 0.17 yuan for the first half of 2004 ended June 30, up from the 0.03 yuan for the same period of 2003. The company’s net profi

Suez Cement impressive results

28 July 2004, Published under Cement News

Suez Cement released 1Q FY04 stand-alone results ending March, in which the company recorded an impressive net profit balance pertaining to LE69.7 million versus a LE6.1 million net loss achieved in t

Siam Cement 2Q Net Profit

28 July 2004, Published under Cement News

Siam Cement PCL said its net profit in the second quarter hit a record high, thanks to hefty gains from its affiliates. In the April-June quarter, Siam Cement recorded a net profit of THB7.74 billion

Buzzi Unicem Capital hike

28 July 2004, Published under Cement News

The capital increase of Italian cement and concrete company Buzzi Unicem ended with 99.34 per cent subscription. The funds raised from the capital increase total Euro204.5m. The capital hike procedure

India Cements posts loss

28 July 2004, Published under Cement News

INDIA Cements Ltd has reported a loss of Rs18.10 crore on sales of Rs 312.14 crore for the first quarter of 2004-05 against a loss of Rs 24.92 crore on sales of Rs 305.58 crore for the same period las

Saudi Qassim Cement

28 July 2004, Published under Cement News

Saudi cement producer Qassim Cement Company (QCC) posted a net profit of 125.8 mln Saudi riyals (US$33.5m) for the first half of 2004, up by 1.5 per cent year-on-year. QCC’s gross profit stood

Saudi Cement Co Q1 2004

28 July 2004, Published under Cement News

The cement output of Saudi cement producer Saudi Cement Company (SCC) rose to 1.293Mt for the first three months of 2004 from 1.088Mt in the corresponding period of 2003. Local cement sales stood at

GCC net profit up

27 July 2004, Published under Cement News

Mexican cement maker Grupo Cementos de Chihuahua reported 175m pesos (US$15m) in net profit second quarter 2004, up 3% year-on-year as sales grew and financing costs and income tax fell, the company s

Suez Cement Q1 2004

26 July 2004, Published under Cement News

Egyptian cement maker Suez Cement reported a non-consolidated net profit of 69.69 mln Egyptian pounds (US$11.2m) for the first quarter of 2004, compared to a net loss of 6.06 mln pounds (US$976,000) i

Healthy Q2 earnings likely for SCC

26 July 2004, Published under Cement News

Siam Cement Plc is set to report healthy second-quarter earnings thanks to the higher petrochemical prices and rising demand for its cement and building materials business. “We expect earnings growth