Cement News tagged: Corporate
UAE National Cement Co 2006 net profit down
The UAE Dubai-based National Cement Company (NCC) reported a net profit of AED222.6m (US$60.6m) in 2006, down from AED254.5m in 2005
Siam Cement plans THB15bn bonds in March
Siam Cement PCL, Thailand’s biggest industrial conglomerate, said on Wednesday it planned to sell up to THB15bn (US$429m) of 4-year bonds in March.
India Cements 9-month net up
With unabating buoyancy in cement demand, India Cements stayed itself firmly in the high profit zone. It posted a record net profit of Rs 79.78 crore in the third quarter ending December 31, 2006
Capital markets board approves tender call exemption for Akcansa shares
The cement manufacturer Akcansa Cimento announced that the Capital Markets Boards has approved HeidelbergCement Mediterranean Basin Holdings’ application for an exemption from launching a tender call
India’s Grasim Q3 profit soars, beats forecast
Grasim Industries Ltd said its quarterly net profit more than doubled on higher sales, beating market expectations
Mangalam Cement sees high YoY, QoQ realisations
Mangalam Cement has declared its first quarter results. The company’s Q1 net profit is up at
Siberian Cement’ Splits Shares
Federal Financial Markets Service registered the issue of ordinary nominal shares of the holding company ’Siberian Cement’ (Kemerovo).
Hanil Cement to sell its Korea Ratings stake to Fitch
Hanil Cement Co, a South Korean cement manufacturer, said Wednesday it will sell its entire stake in a leading domestic corporate credit appraiser to international credit appraiser Fitch Ratings.
OCL India Q3 net profit soars four-fold
Cement manufacturer OCL India Ltd today reported a more than four-fold jump in net profit during October-December 2006 to Rs 17.74 crore compared to Rs 4.04 crore in the year ago period
Higher sales boost UltraTech Cement net to Rs 212 cr
UltraTech Cement’s net profit for the third quarter of the fiscal soared to Rs 212 crore from Rs 24 crore a year earlier
Shree Cement reports 272.42 % rise in net profit
Shree Cement on Thursday reported a 272.42 % rise in net profit at Rs 104.13 crore for the third-quarter (Q3) ended December 31, 2006,
JK Lakshmi Cement’s net profit growth of 386%
JK Lakshmi Cement Ltd., one of the top manufacturers of cement in North India has posted an exceptional growth for the quarter ended December 31, 2006
TPI Polene sees higher 2007 net profit
TPI Polene , Thailand’s third largest cement firm, said on Thursday it expected growth in net profit this year, despite analyst forecasts of a fall, due to lower energy costs.
Extra items expected to drag down 4Q06 earnings
When Siam Cement (SCC) announces its 4Q06 earnings on Jan 24, the company’s results will be disappointing with a 22% QoQ drop in net profit to Bt5,918m.
Prism Cement jumps on profit surge
Prism Cement recorded nearly 10 per cent gain to close at Rs 41.60, following the announcement of a fifteen-fold jump in December quarter profits.
Orascom in Tarmac bid rumours
Egyptian conglomerate Orascom is rumoured to have had a £1.5bn offer for Tarmac turned down.