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JK Lakshmi sees 13% rise in net profit

India’s JK Lakshmi Cement posted a 12.9 per cent increase in net profit to INR446.4m (US$5.96m) for the 1QFY20-21, compared with INR395.4m last year. However, it noted that sales volumes were seve...
News - 07 August 2020

Exports of cement from Pakistan rise during July 20

All Pakistan Cement Manufacturers Association (APCMA) has issued official dispatch data for July 2020, adding that the new fiscal has started well for the cement sector as the shipments increased ...
News - 05 August 2020

JK Cement estimates cement sales volumes for 1QFY21

India’s JK Cement has estimated that its grey cement sales dropped 20 per cent YoY during the first quarter of FY20-21, compared to the corresponding period of the previous fiscal. However, the co...
News - 04 August 2020

Nuvoco wins the FICCI CSR Award 2018-19 for education

Nuvoco Vistas Corp Ltd has won the Federation of Indian Chambers of Commerce and Industry (FICCI) CSR Award 2018-19 in the Education category for their project ‘Shikshit Sunderhattu’ at the 18th e...
News - 04 August 2020

Sagar Cements sees 23% decline in revenue

India’s Sagar Cements has reported a 23.3 per cent YoY decrease in revenue from operations to INR2.64bn (US$35.19m) in the first quarter of FY20-21, compared with INR3.44bn in the corresponding pe...
News - 03 August 2020

1H20 results show regional impact of coronavirus on cement demand

This week, the cement industry majors have been announcing their business results for the first half of 2020. The business results of Dangote Cement, Cemex, UltraTech, HeidelbergCement, Titan and ...
News - 31 July 2020

Vicat's 1H20 results see consolidated sales of EUR1.3bn

Vicat has announced 1H20 results with consolidated sales of EUR1.304bn, down 2.7 per cent from EUR1.340bn in 1H19. EBITDA reached EUR213m, representing a decline of 6.7 per cent on EUR228m ear...
News - 31 July 2020

State Bank reviews the cement industry’s performance for the period 9MFY20

The State Bank of Pakistan released its 3QFY20 report on ‘The State of Pakistan’s Economy’ on 30 July. According to the report, successful stabilisation measures that had fostered macroeconomic im...
News - 31 July 2020

LafargeHolcim records net sales of CHF10.7bn in 1H20

LafargeHolcim recorded net sales of CHF10.693bn (US$11.7m), a decline of18.1 per cent compared to the prior year of CHF13.059bn, reflecting the severe impact of the implementation of strict lockdo...
News - 30 July 2020

UltraTech Cement's consolidated net sales reach INR75,630m in 1QFY21

UltraTech Cement Ltd’s (Aditya Birla Group) consolidated net sales reached INR75,630m (US$1.01bn) in the 1QFY21 compared to INR112,290m in the 1QFY20. Profit before interest, depreciation and tax ...
News - 29 July 2020