Cement News tagged under: Usje Cementarnica

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Macedonia: Cementarnica Usje net profit climbs 13% YoY

12 November 2014, Published under Cement News

Macedonia’s sole cement producer Cementarnica Usje AD Skopje said its net profit for the first nine months of 2014 climbed by 13 per cent to MKD1.25bn (EUR20.2m). Operating revenue rose six per cent to MKD3.1bn through the first nine months of this year, while operating costs remained flat at some MKD1.9bn, the company said in an unconsolidated financial statement to the Macedonian Stock Exchange. Usje is owned by Greek cement major Titan Cement, which releases its nine-month results t...

Usje Cementarnica 1Q net profit falls 47%, Macedonia

31 May 2012, Published under Cement News

Macedonian cement producer Usje Cementarnica said its consolidated net profit fell 47 per cent YoY to MKD101.8m (EUR1.6m) in the first quarter of 2012. Operating income fell 20 per cent YoY to MKD627.5m through March, while operating costs decreased by 9% to MKD538.1m. The company is a 94.8 per cent-owned subsidiary of Greece-based Titan Cement Company. It operates a single cement works located at Usje, near the Macedonian capital Skopje, only some 20km from the border with Kosovo. The...