Cement News tagged under: Cemento Melon

RSS feed

Melón sees 12% rise in 1Q earnings

24 May 2018, Published under Cement News

Chile-based Cemento Melón has increased its first-quarter earnings by 12 per cent to US$7m when compared with 1Q17, despite lower cement sales volumes, according to Diario Financiero Online. The company’s revenues edged up by one per cent to US$83m. Sales volumes fell by 6.5 per cent but the company attributed the higher earnings to “the implementation of operational excellence plans that have meant lower production costs in the different plants, a lower exchange rate and a greater focus o...

Cemento Melon reports 14% decrease in 2017 sales

20 February 2018, Published under Cement News

Chile’s Cemento Melon saw its sales decrease by 14 per cent to US$298m in 2017 from US$345m in 2016. The company’s profit declined 54 per cent to US$14m from US$30m in 2015 due to lower sales of cement and concrete. The company has attributed the slide by the poor performance of the country’s construction sector, which contracted by three per cent.

Cemento Melon sees 57% 3Q profit drop

30 November 2017, Published under Cement News

Cemento Melon, Chile, reported a 56.8 per cent drop YoY in profits to CLP5bn in 3Q17. Sales have fallen 13.6 per cent to CLP136.5bn when compared with the year-ago period, when revenues reached CLP108.669m. The cement producer has attributed the decrease to a contraction in the construction market. The company, which is owned by the Peru-based Brescia Group, said the fall in sales has been partially offset by a greater focus on margins and the introduction of operational efficiency pl...

Chile's three largest cement producers sees 1H sales rise 3.7%

27 September 2016, Published under Cement News

Chile's top three cement companies - Cemento Melon, Cementos Polpaico and Cementos Bio Bio - recorded a 3.7 per cent YoY rise in sales to CLP339.82bn (USD510.48m) in the first six months of 2016. This represents the lowest growth rate in three years. Cementos Bio Bio's sales increased 6.6 per cent to CLP151.9bn as it was affected by the economic slowdown. Cementos Polpaico posted sales of CLP75.92bn, an advance of two per cent when compared with 1H15, on the back of better pricing as volum...

Chile: Cemento Melon sees 310% 9M14 profit surge

28 November 2014, Published under Cement News

Chilean cement producer Cemento Mélon has reported a 310 per cent YoY rise in pretax profits from CLP1.077bn (US$1.79m) to CLP4.855bn in the first nine months of 2014, according to ValorFuturo news service. However, revenues fell by six per cent to CLP142.793bn from CLP151.956bn over the period. Nevertheless, the cost of sales came in at CLP95.1bn, about five per cent lower than the figure recorded for 9M13 (CLP100.6bn).

Cemento Melón selects River Logic to integrate business planner solution

04 July 2014, Published under Cement News

River Logic Inc, a provider of prescriptive analytics software, announced Chilean producer Cemento Melón will implement an Integrated Business Planning solution based on its Enterprise Optimiser® (EO) prescriptive analytics platform. The implementation will be led by River Logic Chile, a professional services company that has partnered with River Logic to deliver value chain optimisation solutions in Latin America. The Integrated Business Planner™(IBP) solution will allow Cemento Melón to...