Cement News tagged under: Cementos Bio-Bio
CBB reports 74% drop in net profit15 September 2022, Published under Cement NewsChilean cement producer Cementos Bío-Bío (CBB) saw a 15.3 per cent increase in sales to CLP155,089m in the first half of 2022 when compared with the CLP134,538m reported for the 1H21. Gross profits declined 12.2 per cent YoY to CLP43,268m in the 1H from CLP49,286m on the back of higher distribution and administration costs. Finance costs increased to CLP4508m in the 1H22 from CLP1380Mt in the year-ago period. Profit before tax fell by 98.4 per cent from CLP10,282m in the 1H21 to CLP156m... |
CBB sees profit fall by 89% in the 1Q2201 June 2022, Published under Cement NewsIn the first quarter of 2022, Chile-based Cementos Bío-Bío (CBB) has reported a 14.4 per cent advance in revenues to CLP77,062m (US$92.8m) from CLP67,373m in the 1Q21, according to Valor Futuro. EBITDA decreased by 10.2 per cent to CLP9619m, which the company attributed to “lower cement shipments and lower profit margins on cement and lime that decreased gross profit. Added to this is the increased cost of distribution, which is partly offset by the income generated from the sale of prop... |
CBB sees 67% rise in profit07 September 2021, Published under Cement NewsChilean cement producer CBB (formerly known as Cementos Bío-Bío) reported a 13.9 per cent advance in revenues to CLP134.538bn in the first six months of 2021 from CLP118.124bn in the 6M20. The company’s profit attributable to shareholders increased by 66.7 per cent YoY to CLP7.205bn in the 6M21 from CLP4.323bn in the 6M20. In its cement business the company nearly quadrupled its operating profits, mainly from a low base as COVID-19 impacted cement dispatches in 2020. In its concrete bus... |
Cementos Bío-Bío 1H16 profits down 10%02 September 2016, Published under Cement NewsChile’s Cementos Bío-Bío saw its profits during the first half of 2016 fall by 10.1 per cent to CLP9168.69m from CLP10,200.19m reported in 1H15. Revenues increased 6.6 per cent from CLP142,479.58m in 1H15 to CLP151,900m. |
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