Cement News tagged under: Looks Group (Vietnam Holdings)

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Luks Group (Vietnam Holdings) hit by construction standstill in 2H22

23 March 2023, Published under Cement News

Luks Group (Vietnam Holdings) Co Ltd has reported revenue of HKD492.88m (US$62.8m) in 2022, down from HKD513.23m in the previous year. Profit for 2022 came in at HKD48.5m, compared to HKD84.6m in 2021, while earnings per share fell from HKc16.8 to HKc10.6 over the same period. Revenue from sales of cement products stood at HKD281.45m in 2022, marking a contraction from HKD310.3m in 2021.  According to the company, the fall in cement revenue was due to Vietnam’s real estate and construc...