Cement News tagged: Corporate

Thailand’s SEC charges

06 August 2004, Published under Cement News

The Securities and Exchange Commission has filed a criminal complaint against Prachai Leophairatana, Stern Stewart (Thailand) and TPI Polene Plc for the alleged disclosure of false information regardi

ACC continues to improve

06 August 2004, Published under Cement News

Indian Cement companies have enjoyed a significantly better operating environment in the June quarter, and this is reflected in ACC’s results. The takeaway from ACC’s results is that price

Tasek Corp net profit up 180%

06 August 2004, Published under Cement News

Malaysian Tasek Corporation Bhd’s net profit surged some 180% to RM50.69 million for its financial year ended June 30, 2004 from RM18.1 million a year earlier due to higher demand for cement, pricing

HeidelbergCement Q2 pretax flat at EUR204m

05 August 2004, Published under Cement News

HeidelbergCement AG said its second quarter pretax profit fell to 204 mln eur from 207 mln on foreign exchange losses, while sales rose.

Indian shares lower on soaring oil prices

Indian shares lower on soaring oil prices

04 August 2004, Published under Cement News

Shares are expected to fall for a second straight day on Wednesday, with sentiment weighed down by record high oil prices, brokers said.

Cement Contractor Invests $18m

04 August 2004, Published under Cement News

Shareholders of Devcon International Corp, a publicly held $55 million contractor known for its Caribbean construction and concrete businesses, have approved the creation of a security division headed

Vicat sales rise

Vicat sales rise

03 August 2004, Published under Cement News

French building materials supplier Vicat SA reported sales of Euro 792m for the first half of 2004, a 10 per cent rise from the first six months of 2003.

Indonesia Gresik Q2 net soars on sales

03 August 2004, Published under Cement News

Semen Gresik reported on Tuesday a jump in second-quarter net profit as new construction spurred demand and historically low interest rates reduced debt payment costs.

Wolseley increases Irish presence

02 August 2004, Published under Cement News

The leading European and North American distributor, Wolseley is substantially increasing its presence on the Irish market.

Gulf Cement profits rocket

02 August 2004, Published under Cement News

Ras Al Khaimah based Gulf Cement Company has reported a 500 per cent surge in profits.

Shree Cement: a company to watch?

02 August 2004, Published under Cement News

Shree Cement stock stock has the potential to deliver attractive returns over a one/two year period according to Indian analysts. Along with Grasim, Gujarat Ambuja and Madras Cements, Shree Cement is

Confident over profits

02 August 2004, Published under Cement News

Confidence Cement, Bangladesh has approved five per cent dividend for its shareholders for the year 2003.

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