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JK Cement 2Q net profit doubles to INR930m

JK Cement reported a jump in standalone profit to INR931.4m (US$14.22m) for the second quarter, ended 30 September 2017. In the equivalent period of FY17, the company’s profit reached INR409.1m, s...
News - 13 November 2017

State Bank forecasts strong cement demand for Pakistan producers

Pakistan's 11 cement manufacturers are aggressively investing in production capacity, increasing output potential by 30.3Mta (60 per cent) through expansion projectsat a cost of over US$2.225bn...
News - 13 November 2017

Mangalam Cement 2Q net profit falls 77%

India-based Mangalam Cement reported a standalone net profit of INR10.7m (US$163,424) for the quarter ended 30 September 2017, representing a 77 per cent decrease when compared with 2QFY16, when n...
News - 13 November 2017

Signs of improvement in emerging markets?

The world’s four-largest emerging markets of Brazil, Russia, India and China (BRIC) noted a simultaneous improvement in their economies for the first time in the last three years in 1H17. Growth...
News - 10 November 2017

India Cements net profit falls 62% in 2Q17

India Cements have reported a net profit of INR236.7m (US$3.5m) for the 2Q17 ended 30 September, reflecting a 62 per cent YoY drop, according to the New Indian Express. The company also saw a d...
News - 10 November 2017

JK Lakshmi Cement's reports 18% rise in 2Q revenue

JK Lakshmi Cement reported a net profit of INR132m (US$2m) for the 2QFY17 period ended 30 September, a fall from INR249m of the year-ago period. However, the company also  posted a revenue of INR7...
News - 10 November 2017

Anjani Portland Cement sees 2QFY17 profit halve

Indian cement producer Anjani Portland Cement reported a 53.5 per cent YoY fall in profit to INR66.9m (US$1.03m) for the quarter ended 30 September 2017 (2QFY17). In the 2QFY16 profit reached INR1...
News - 10 November 2017

Saurashtra Cement sees profit rise

India-based cement maker Saurashtra Cement Ltd has reported a profit rise to INR100.7m (US$1.55m) in the July-September 2017 quarter from INR44m when compared with the year-ago period. Total re...
News - 10 November 2017

Shree Cement sees narrowing margins despite drop in fuel cost

Shree Cement Ltd’s power and fuel cost per tonne has dropped, according to a report by Mint. However, the falling cost of fuel over the third quarter of 2017 has not had much of a positive impact ...
News - 09 November 2017

FICEM’s road to sustainability

Guatemala, Central America, was the host city for FICEM’s 34th Technical Congress which saw 316 participants gather from across Latin America and the Caribbean for this informative three-day confe...
Articles - 08 November 2017