Cement News tagged under: Qatar National Cement Company
Qatar consumption seen rising at a CAGR 15% to 201517 May 2012, Published under Cement NewsCement consumption in Qatar will grow at a compound annual growth rate (CAGR) of 12% up to 2015, according to a report by Commercialbank Capital. Qatar’s current production capacity stands at 6.2Mta, Commercialbank Capital said in its first report on Qatar’s construction sector. The existing demand can be met by the current production. However, Commercialbank Capital expects consumption will be “at the peak” in 2013 and 2014 as majority of the projects that are planned or under constru... |
Qatar National Cement full-year net profit falls 5%21 February 2012, Published under Cement NewsQatar National Cement, the country’s principal cement producer, reported a five per cent drop in 2011 net profit to QAR44.65m (US$12.3m) as revenues slipped. Revenue was down by nine per cent to QAR989.62m but cost f sales fell faster by 12 per cent to QAR10.72m, leading to a six per cent decline in gross profit to QAR478.91m, the Gulf Times reported. However, the company has recommended a cash dividend which will have to be approved by shareholders at the annual general assembly sched... |