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The India Cements Ltd sees revenue slip MoM

The India Cements Ltd has reported revenue from operations of INR12,194m (US$147.3m) in the quarter ended 31 December 2022. This compares to INR12,546m in the previous quarter and INR11,084m in ...
News - 07 February 2023

Going Green in Dubai

Green Cement Factory LLC (GCF), a subsidiary of Hong Kong-based Shun Shing Group, commenced commercial operations of its greenfield slag grinding plant in March 2021. The new 1Mta state-of-the-art...
Articles - 06 February 2023

JK Cement reports revenue rise

JK Cement Ltd reported total revenue of INR23,097.8m (US$279.5m) in the quarter ended 31 December 2022. This compares to INR21,646m in the previous quarter and INR19,667.8m in the same period a ...
News - 06 February 2023

Star Cement reports 27% rise in 3Q net profit

India-based Star Cement saw its net profit increase by 27 per cent YoY to INR303m (US$3.67m) for the quarter ended 31 December 2022 (3QFY22-23). Net revenue advanced by 15.4 per cent to INR6234...
News - 06 February 2023

ACC Ltd posts 14% rise in revenue

ACC Ltd has reported a 14 per cent increase in revenue to INR45,370m (US$554.7m) in the quarter ended 31 December 2022, up from INR42,260m in the same period a year earlier. EBITDA over the same...
News - 02 February 2023

USG freight market stabilised by end of year

By Brannvoll ApS, Denmark The USG Supramax freight market went through ups and downs in December. In the first half of the month, the USG segment showed a steady flow of fresh enquiries. Owners...
News - 02 February 2023

Udaipur Cement Works reports revenue growth

India’s Udaipur Cement Works Ltd has announced unaudited revenue from operations of INR2381.7m (US$29.13m) in the quarter ended 31 December 2022. This compares to INR2200.5m in the previous quar...
News - 01 February 2023

Orient Cement sees revenue improve

India-based Orient Cement Ltd has reported unaudited revenue from operations of INR7322.9m (US$89.6m) in the quarter ended 31 December 2022. This compares to INR6152.8m in the previous quarter...
News - 01 February 2023

Petcoke prices rising on growing demand while coal is falling as supply increases

By Frank O. Brannvol, Brannvoll ApS, Denmark lAs China reopens, oil is finding support, seeing a recovery in oil prices to surpass the US$85 mark. The warm winter in Europe and lower gas prices...
News - 01 February 2023

Adani Group shares tumble amidst fraud claims

Gautam Adani, owner of the Adani Group , saw his fortune fall by US$20bn on Friday last week after investors withdrew from his companies amidst fraud claims made by a US investment firm. Hinde...
News - 31 January 2023