HeidelbergCement Group-owned Ciments du Maroc posted a five per cent increase in turnover to MAD1.8bn (US$170.7m) in the 2Q22 from MAD1.7bn in the 2Q21.
In addition, the company increased its investments by 195 per cent YoY to MAD160m as a result of the construction of its 0.7Mta Nador plant in northern Morocco. The facility is expected to come on-stream in the 3Q22.
Dangote Cement reports 86% surge in profit after tax
In its unaudited results for the 1Q25, Dangote Cement posted a 21.7 per cent YoY increase in r...