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Vicat posts better than expected results in 2023

Vicat posted 2023 EBITDA of EUR740m, a rise of 30 per cent compared to 2022, an improvement on analysts CIC Market Solutions’ expectations of EUR709-716m. Several factors account for Vicat's ...
News - 19 February 2024

Crown Cement's net profits rise 649% in 1HFY23-24

Crown Cement PLC , one of Bangladesh’s leading cement manufacturers, recently uploaded its financial results on the Dhaka Stock Exchange (DSX). The company witnessed a hefty surge in profit betwe...
News - 16 February 2024

Vicat reports 8% growth YoY in 2023

Vicat has reported 8.1 per cent YoY growth in consolidated sales to EUR3.94bn in 2023, compared to EUR3.64bn in the previous year. Over the same period EBITDA has improved by 29.8 per cent from ...
News - 15 February 2024

Saurashtra Cement sees upturn in income

Saurashtra Cement has posted total income of INR4508m (US$54.34m) in the quarter ended 31 December 2023. This compares to INR3781m in the previous quarter and INR4465m in the same quarter a year...
News - 13 February 2024

The Ramco Cements announces expansion plans

The Ramco Cements Ltd has announced plans to double capacity at its Kalavatala plant in Andhra Pradesh, India. According to The Hindu, the company intends to set up a second line to increase c...
News - 12 February 2024

Burnpur Cement sees income decline YoY

Burnpur Cement Ltd has reported total income from operations of INR407.4m (US$4.9m) in the quarter ended 31 December 2023. This comes to INR433.9m in the previous quarter and INR349.3m in the quar...
News - 12 February 2024

Birla Corp records 15% YoY revenue growth

Birla Corp has reported revenue of INR23,120m (US$278.6m) in the 3QFY23-24. This compares to INR20,161m in the same quarter a year earlier, marking a 14.7 per cent YoY advance. Consolidated net ...
News - 08 February 2024

India's CMA welcomes Interim Budget 2024-25

India’s cement producers have applauded the country’s government for its sustained focus on infrastructure development in its latest Interim Budget 2024-25. Under the budget plan, investment in i...
News - 07 February 2024

Bangladesh cement export turns in double-digit 7MFY23-24

Bangladesh has recorded a 59 per cent YoY expansion in cement export revenue to US$10.51m in the first seven months (July-January 2024) of FY23-24 from US$6.61m in the same seven months of the pre...
News - 07 February 2024

Orient Cement sees net profit jump 64% YoY

India's  Orient Cement , part of the CK Birla Group , has reported revenue from operations of INR7513m (US$90.45m) in the quarter ended 31 December 2023 (3QFY23-24). This marks a 2.6 per cent inc...
News - 06 February 2024