Cement News tagged: Corporate
Colombia’s Cementos Argos 1Q net increases
Cementos Argos SA, Colombia’s largest cement company, said Wednesday its consolidated net profit rose in the first quarter to US$42m,
Lucky Cement plans to raise funds for expansion
Lucky Cement Ltd said Monday it plans to raise funds soon by selling global depository receipts.
Saudi Cement Q1 profit growth below competitors
Saudi Cement Company , Saudi Arabia’s largest cement maker, said first-quarter income rose 2.7 per cent on higher sales, though the growth in profit is one of the industry’s lowest.
Asia Cement Holdings to Go Public on SEHK
Taiwan-based Asia Cement Corporation plans to spin off Asia Cement Holdings, its business in Mainland
GBL buys 50,000 more Lafarge shares for EUR5.47m
Groupe Bruxelles Lambert bought 50,000 shares in French cement company Lafarge for a total of EUR5.47m
Fitch lowers ratings on Siam Cement
Fitch Ratings Ltd on Wednesday revised its rating outlook on Siam Cement Public Co Ltd, Thailand’s largest industrial group, from stable to negative.
Adelaide Brighton expects FY net profit A$118m-A$125m
Australian cement company Adelaide Brighton Ltd said Thursday it expects net profit to rise 9.7% this fiscal year.
Saudi Yamama Cement net profit up 14 per cent in 1Q08
Saudi cement producer Yamama Cement Company (YCC) saw its net profit go up 14 per cent YoY to SAR197.5m (US$52.7m)
Egypt’s South Valley 2007 net profit $107m
Egypt’s South Valley Cement achieved a net profit of E£582.2m (US$107m) in 2007,
Sawiris increases Lafarge stake to 13.09 per cent
Nassef Sawiris, NNS Holding Sarl and NNS Holding increased their stake in Lafarge on March 27 to
Lafarge participates in capital increase of Birtas
Cement company Lafarge Aslan Cimento informed that it participated in the capital increase of its subsidiary
Camargo Corrêa Cimentos sees profits rise 9.7% in 2007
The growth of the Brazilian civil construction market buoyed the results in 2007 of Camargo Corrêa Cimentos.
Mexico’s Cemex starts big asset sale to pay debt
Cemex, may have to sell up to $2.7 billion in assets, according to a report from Reuters, to repay
Egypt’s Alexandria Cement makes US$31m profit in 2007
Alexandria Cement made a consolidated net profit of E£174.14m (US$31m) before minority interest in 2007
Benue Cement of Nigeria full-year profit drops
Benue Cement Co Plc, Nigeria said full-year profit slumped 59 per cent on lower sales.
West China Cement preliminary results 2007
West China Cement (WCC), based in the western Chinese province of Shaanxi, announced its preliminary results for the year ended 31 December 2007.