Cement News tagged under: Hume Industries
Hume 1Q hit by lower prices, higher operating expenses18 May 2017, Published under Cement NewsFor the three months to the end of March 2017, Malaysia-based Hume Industries recorded revenue of MYR158.5m (US$36.7m), up 8.2 per cent on the recorded MYR145.5m a year earlier. Profit before tax saw a sharp decline to MYR1m from MYR15.9m in the same period of the previous year, which the company attributed to lower selling prices and higher operating expenses for the construction materials business. Going forward, the group expects the outlook to remain challenging in view of weakening de... |
Hong Leong Industries in corporate restructuring25 September 2013, Published under Cement NewsHong Leong Industries Bhd (HLI) is selling its 100 per cent stake in Hume Industries (Malaysia) Sdn Bhd for MYR48m (US$14.9m) and preference shares in Hume Cement Sdn Bhd for MYR300m (US$93m) to Narra Industries as part of a corporate restructuring exercise. The move of both companies, which each come under the Hong Leong Group, would see the disposals of the 300 million Hume Industries shares and entire 175,000,000 six-year two per cent non-cumulative irredeemable convertible preference s... |
Lafarge Malayan Cement expects robust 2H12 demand05 September 2012, Published under Cement NewsAt Lafarge Malayan Cement’s analysts 2Q12 briefing held on Monday, the company said it expects the robust cement demand seen in the first half to continue in the second half. The company expects the healthy demand scenario to be driven by the implementation of large infrastructure projects such as the new LCCT terminal and coal power plants. Group utilisation rates remain high at 85-90 per cent, enabling management to cut back on cement exports in favour of serving the domestic market.... |
Page
1
of
1
1