Cement News tagged under: Results
Henan Tongli Cement nine-month net profit declines, China26 October 2012, Published under Cement NewsHenan Tongli Cement Co Ltd reported a net profit of CNY138m (US$22m) for the first three quarters of 2012, a YoY decline of 6.86 per cent. Operating revenue during the period climbed 4.19 per cent YoY to CNY3.13bn. The Shenzhen-listed cement producer said net profit for the third quarter slumped 30.28 per cent YoY to CNY41.16m, while operating revenue grew 18.64 per cent YoY to CNY116bn. |
Vietnam producer 3Q net profit falls26 October 2012, Published under Cement NewsThai Binh Cement JSC reported a net profit of VND81m (US$3.9m) in the third quarter of 2012 compared to VND1bn a year ago due to a rise in input costs and lower demand, the company said. Revenue for the July-September 2012 period was VND23.6bn compared to VND24.2bn in the same quarter of last year. In the first nine months of this year, the company saw 65 per cent net profit drop to VND1.1bn from VND3.1bn over the same period of last year. |
Cementos Moctezuma posts positive 3Q12 results25 October 2012, Published under Cement NewsMexico’s Cementos Moctezuma 3Q12 net sales reached MXN2.297bn (US$177.7m), representing a rise of 12.7 per cent when compared to last year’s equivalent period. Operating profit climbed MXN757m, up from 3Q11’s figure of MXN573m. Pretax profits improved from MXN591m to MXN758m over the three-month period, according to information sent to the Mexican stock exchange. For the first nine months of the year, Cementos Moctezuma registered net sales of MXN6.820, increasing from MXN5.988bn, noted... |
Oman Cement 9M12 net profit surges on local demand25 October 2012, Published under Cement NewsOman Cement Company’s profit after tax increased 32.5 per cent to OMR12.859m (US$33.4m) in the first nine months of the year against net earnings of OMR9.703m during the same period last year. Cement sales rose 20.8 per cent to 1.689Mt from 1.98Mt last year. Turnover increased 15.16 per cent to OMR41.762m against OMR36.265m last year. Clinker production also sharply increased to 1.505Mt this year, from 1.037Mt last year. In addition, the company had to import 54,652t of clinker to bri... |
DG Khan first quarter boosted by prices, Pakistan25 October 2012, Published under Cement NewsPakistan cement producer DG Khan Cement Ltd (DGKC), reported a significant rise in net income in the first quarter of the current fiscal thanks to rising cement prices. Net income increased to PKR1.42bn (US$14.8m) from PKR355.5m, the Lahore-based company said in a filing today. Sales rose 15 per cent to PKR6.1bn. Cement makers have relied on price increases amid stagnant sales in the past five years. |
Anhui Conch 3Q12 net down, China25 October 2012, Published under Cement NewsAnhui Conch Cement said its net profit attributable to equity shareholders dropped 66.75 per cent YoY to CNY1.02bn (US$163m) for the third quarter ended 30 September 2012. Operating revenue was CNY11.69bn, representing a 7.6 per cent decline from a year earlier. Operating profit dropped 69 per cent to CNY1.23bn. For the first three quarters of 2012, net profit fell about 57 per cent YoY to CNY3.94bn. |
Siam Cement net profit down, approves investment, Thailand24 October 2012, Published under Cement NewsSiam Cement PCL said Wednesday its third-quarter net profit fell 13 per cent from a year earlier, mainly because of higher expenses and cost of sales. Meanwhile, its board has approved THB16.5bn (US$53.6m) worth of cement investments to increase its footprint in Southeast Asia. The company posted a net profit of THB6.42bn (US$208.8m) for the three months ended 30 September, compared with THB7.38bn in the same period a year earlier, its filing to the Stock Exchange of Thailand showed. Sa... |
Buzzi Unicem expected to revise 2012 EBITDA guidance23 October 2012, Published under Cement NewsBrokerage Equita expects Italian cement maker Buzzi Unicem to report a 21 per cent rise in EBTIDA for the first nine months of 2012 to EUR177m. The third-quarter EBITDA will push the management to revise up its 2012 EBITDA target from the current EUR430m to at least the consensus estimate of EUR 455m, Equita said. The broker expects Buzzi Unicem to report sales of EUR828m for the third quarter, up eight per cent YoY. Equita sees the cement maker to have confirmed in the third quart... |
Unacem net profit rises, Peru23 October 2012, Published under Cement NewsUnion Andina de Cementos (Unacem) – which comprises the recently merged Cementos LIma and Cementos Andino – reported a net profit to PEN70.3m (US$27m) compared with PEN42m in the same quarter in the previous year boosted by strong sales. Total third-quarter revenue was PEN326.4m compared with PEN266.3m in the same period a year earlier. The company said that cement production in the third quarter was 986,935t, up 13.2 per cent compared with the same quarter a year earlier. Cementos ... |
Tianshan Cement net profit declines, China23 October 2012, Published under Cement NewsXinjiang Tianshan Cement Co Ltd, a Shenzhen-listed cement producer, reported a net profit of CNY343m (US$54.9m) in the first nine months of 2012, representing a YoY decline of 64.85 per cent. Operating revenue during the period was down by 4.45 per cent YoY to CNY6.1bn. Net profit for the third quarter plunged 62.94 per cent YoY to CNY220m. |