Cement News tagged: Corporate
Chia Hsin Cement 1H Net +81% on strong prices
Hong Kong-listed Chia Hsin Cement Greater China Holdings Corp, one of the largest Taiwanese-owned cement makers operating in China, said its first-half net profit rose 81% from a year earlier, boosted
Chia Hsin thrives on price rise
Cement maker Chia Hsin Cement Greater China Holding Corp saw net profit jump 80.73 per cent to US$12.29m in the first six months of this year, its first interim results since going public last year.
Investors dwell on Boral’s uncertainties
Analysts were divided yesterday over Boral’s outlook, but the market seems to be voting with its feet. The company posted a bumper 2004, and gave an outlook that exceeded a number of analysts&r
Alexandria Cement
Alexandria Cement posted 1H FY04 results ending June, wherein the company incurred a LE17.6 million net loss down from a net loss LE23.1 million recorded in the comparable period last year. Meanwhile
Chilean mining and chemicals company SQM is to sell its
Chilean SQM sells share in Cemento Melón 14.05% share in cement company Melón. The announcement was made by the Santiago Commerce Exchange on August 18. 653,748.837 shares of the cement company are go
Markets await Ultra Tech’s listing
Indian stock markets are anxiously waiting for the listing of AV Birla group’s Ultra Tech Cemco, the new cement company carved out of Larsen & Toubro. It is yet to be listed on the stock exchanges, th
Gresik climbs higher
Indonesian shares are higher Wednesday led by buying in cement maker Semen Gresik on news that the government will buy back Mexican company Cemexa’s 25.53% stake in Gresik, dealers said. Overall
Sinai Cement posts higher profits
Egyptian cement producer Sinai Cement posted a net profit of 35.24 mln Egyptian pounds (US$5.7m) for the first half of 2004, up from 23.86 mln pounds (US$3.8m) in the same period of 2003. The comp
AXA buys into HeidelbergCement
French insurer AXA has acquired a 9.28 per cent stake in cement maker HeidelbergCement, the German company said in a statement on Tuesday.
Siam City 2Q04 earnings slow
Siam City Cement (SCCC) reported a slow down in 2Q04 earnings with a net profit of Bt950mn down 21 per cent q-o-q but stable y-o-y. The quarterly slow down was the result of a downturn in sales and g
Misr Beni Suef posts profits H1 2004
Egyptian cement producer Misr Beni Suef Cement (MBSC) posted a net profit of 19.63m Egyptian pounds (US$3.2m) for the first half of 2004, up 15.7 per cent year-on-year. The
Jordan Cement Factories H1 2004
Jordanian cement producer Jordan Cement Factories Co (JCFC) registered an 86.6 per cent surge in net profit to 22.79m Jordanian dinars (US$32.2m) for the first half of 2004 from
Cimpor mulls purchase of Loma Negra
Portuguese cement company Cimpor - Cimentos de Portugal SGPS is studying the possibility of purchasing Argentine cement maker Loma Negra, it was reported on August 14, 2004. According to a publicati
RAK White Cement sales up
Ras Al Khaimah White Cement and Construction Company has achieved a qualitative leap in its operations and investments, whereby its sales increased by 20 per cent against sales accomplished during 200
Datong Cement Co 1H figures
Shenzhen-listed Datong Cement Co has reported earnings per share of 0.025 yuan for the first half of 2004 ended June 30, up from the 0.02 yuan for the same period of 2003. The company¡&hibar;s net pro
Nordea and Danske Bank set to rebuild FLS fortunes
Nordea and Danske Bank are set to help rebuild the fortunes of FLS Industries, the Danish engineering group and once held in high esteem by the country’s industrialists.Nordea and Danske, also l