Cement News tagged under: 2Q18
Siam Cement's 2Q18 profits down 6%26 July 2018, Published under Cement NewsSiam Cement posted a six per cent drop in second-quarter profit on Wednesday, hurt by weak seasonal cement demand and its chemical business. Revenue from the cement and building materials business increased five per cent to THB44.6bn (US$1.34bn) due to demand from Vietnam, Indonesia and the Philippines but was held back by weak demand in Thailand. Profit came in at THB12.4bn for the three months ended June, compared with THB13.2bn a year earlier. Siam Cement's revenue rose 11 per cent i... |
UltraTech's 2Q18 sales rise by 27%19 July 2018, Published under Cement NewsUltraTech Cement Ltd's unaudited financial results for the quarter ended 30 June 2018 reported net sales of INR88.4bn (US$1.28bn), up 27 per cent from INR69.3bn of the previous year. Profit before interest, depreciation and tax (EBITDA) was INR17630m when compared with INR17980m in the corresponding period of the previous year. Sales volume jumped 34 per cent over 1QFY18. The company achieved an operating EBITDA of INR929/t as compared to INR922/t in 4QFY18, despite the hike in fuel prices... |