Cement News tagged under: LafargeHolcim Morocco
LafargeHolcim Morocco reports 27% drop in 1H net income28 September 2022, Published under Cement NewsLafargeHolcim Maroc posted a 27 per cent YoY drop in net income to MAD759m (US$69.5m) at the end of June 2022. Consolidated turnover stood at MAD4004m, level with the year-ago period as the company faced unfavourable market conditions and a sharp rise in input prices. Operating income was down 17 per cent to MAD1464m as fossil energy prices surged and were only passed on to prices partly. In addition, the increase in social contributions to MAD176m also impact the group’s 1H22 result. ... |
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