Cement News tagged under: Cementarnica Usje Skopje

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Cementarnica Usje 1H14 net profit up 28% YoY

27 August 2014, Published under Cement News

Macedonian producer Cementarnica Usje AD Skopje said on Tuesday its consolidated net profit rose 28 per cent to MKD789.2m (EUR12.8m) in the first half of 2014. Operating revenue rose by 15 per cent to MKD2bn in the six months to the end of June while operating costs increased five per cent to MKD1.3bn, Usje said in a consolidated financial statement. Usje is Macedonia’s sole cement producer, owned by Greek cement major Titan by means of a 94.8 per cent stake. Its 0.9Mta production plant ...

Cementarnica Usje Skopje quarterly net profit more than doubles

15 May 2014, Published under Cement News

Macedonian producer Cementarnica Usje Skopje said on Wednesday its net profit more than doubled to MKD301.4m (US$6.7m) in the first quarter of 2014 from MKD140.6m a year ago. The country's sole cement manufacturer saw operating income rise by 49 per cent YoY to MKD841.9m in the first quarter while operating costs increased by an annual eight per cent to MKD568.5m, Usje said in its income statement sent to Macedonian Stock Exchange. The company, owned by Titan, operates a 0.9Mta plant loca...

Macedonia: Cementarnica Usje Skopje net profit increases 12% YoY

28 February 2014, Published under Cement News

Macedonia’s sole cement producer, Cementarnica Usje Skopje, reported that non-consolidated net profit rose 12 per cent to MKD1.48bn (EUR24m) in 2013. Revenue fell by five per cent YoY to MKD3.9bn while operating costs decreased to 14 per cent to MKD2.6bn, the company said in its non-consolidated financial statement to the Macedonia Stock Exchange. The company is 94.8 per cent owned by Greece-based Titan Cement. Its 0.9Mta plant is located at Usje, near the country’s capital Skopje and a...

Cementarnica Usje 1H net profit declines, Macedonia

30 August 2013, Published under Cement News

Macedonia’s sole cement producer Cementarnica Usje AD Skopje reported consolidated net profit in the first half of the year fell to MKD616.4m (EUR10m) from MKD741.3m a year ago. Operating income fell 13 per cent YoY to MKD1.8bn in the first six months of the year while operating costs were down MKD1.23bn from MKD1.37bn the year before. The company, owned by Titan, has a 0.9Mta production plant located at Usje, near Macedonia’s capital Skopje and around 20km from the Kosovo border. Last...

Cementarnica Usje Skopje net profit falls, Macedonia

01 November 2012, Published under Cement News

Macedonian cement producer Cementarnica Usje Skopje said its nine-month consolidated net profit fell to MKD1.19bn (US$25.1m) from MKD1.56bn a year ago. Operating income declined by 12 per cent to MKD3.48bn in the first nine months 2012, while operating costs decreased by four per cent to MKD2.31bn, Usje said in its consolidated income statement sent to Macedonia’s Securities and Exchange Commission. Usje, Macedonia’s sole cement producer, is owned by Greek building materials manufacture...