Cement News tagged under: Mykolaivcement

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Mykolaivcement’s net profit falls to UAH174m

03 May 2019, Published under Cement News

Ukrainian cement producer Mykolaivcement, indirectly controlled by CRH, has seen its net profit decline by 6.1 per cent to UAH174m (US$6.5m) in 2018, according to Ukrainian News Agency reports. Revenues slipped 3.1 per cent to UAH1.083bn YoY in 2018 while cement sales fell seven per cent to 712,000t. As a result, the company had a domestic market share of 7.9 per cent.

Mykolaivcement posts 2013 loss, Ukraine

29 April 2014, Published under Cement News

CRH group company Mykolaivcement reported a loss of UAH63.234m (EUR4m) for 2013, with net revenue down by 10 per cent, or UAH61m, to UAH538.8m. In 2012, the Mykolaiv-based company suffered a loss of UAH66.9m. CRH acquired Mykolaivcement from Lafarge in April 2013 for EUR96m, a deal which made the Irish building materials major the leading cement producer in Ukraine. CRH also owns Podilsky Cement and in 2011 acquired a majority stake in Odessa Cement.