Cement News tagged under: Vicem
Vicem eight-month sales rise 9.5%18 September 2013, Published under Cement NewsVietnam Cement Industry Corp (Vicem), domestic market leader, said cement and clinker sales rose by 9.5 per cent YoY to 14.38Mt. Domestic sales accounted for 13.64Mt of the total while 742,000t was exported. The group produced 10.89Mt of clinker and 11.13Mt of cement, up 12.5 and 11.8 per cent YoY, respectively. However, in August 2013 alone, sales fell 9.47 per cent to 1.76Mt from the previous month but were up 5.1 per cent YoY. Domestic shipments accounted for 1.62Mt, down 5.7 per c... |
Ha Tien 1 issues new shares for debt reduction, Vietnam27 August 2013, Published under Cement NewsHa Tien 1 Cement JSC (HT1) has approved a plan to issue 120 million new shares in a private placement to Vietnam Cement Industry Corporation (Vicem), the country’s leading cement producer. The issuance is aimed to reduce its loans contracted with Vicem, HT1 said in a statement sent to the bourse. After the issuance, Vicem’s holding in HT1 will increase to 79.69 per cent, equal to 253.42 million shares, from the current 67.38 per cent, Vietnam News Brief reported. At end-June, HT1 had VND4.... |
Vicem sales rise 17.3% in first half 201309 July 2013, Published under Cement NewsVietnam Cement Industry Corporation (Vicem) sold 11.69Mt of cement and clinker in the first six months of 2013, representing a YoY increase of 17.3 per cent and fulfilling 51.9 per cent of its whole-year target. The corporation, which is the largest cement producer in the Southeast Asian country, produced 8.3Mt of cement and 8.2Mt of clinker in the six month period, a rise of 11.8 and 14.6 per cent, respectively, the Ministry of Construction said in a statement. Revenue reached VND14.89trn... |
Vicem sales rise 19.2% in first three months of year16 April 2013, Published under Cement NewsVietnam’s leading cement producer Vietnam Cement Industry Corp (Vicem) reported a 19.2 per cent YoY rise as domestic shipments increased but exports declined. The state-run cement corporation said it sold 4.91Mt of cement and clinker in the first quarter of 2013, rising 19.2 per cent YoY. Of the total, 4.87Mt was sold in the domestic market, up 28 per cent YoY, while 44,000t of cement was exported, down 22.8 per cent YoY, the corporation said on its website. In March, Vicem 2.06Mt of ce... |
Vicem cement sales rise 30% in Jan-Feb15 March 2013, Published under Cement NewsVietnam Cement Industry Corp (Vicem) has reported a rise in overall cement and clinker sales for the first two months of the year but export volumes declined. The country’s largest cement group sold 2.88Mt of cement and clinker in the first two months of the year, up by 30 per cent from a year earlier. Some 2.85Mt of cement and clinker was sold on the domestic market, a 44.5 per cent YoY rise, while 24,000t of cement was exported which was a decline of 36.8 per cent on the previous yea... |
Vicem Hoang Mai Cement seeks to raise 2013 pretax target, Vietnam05 March 2013, Published under Cement NewsVicem Hoang Mai Cement JSC is seeking approval from its parent company Vietnam Cement Industry Corporation (Vicem) to revise its 2013 pretax target upwards by 4.65 per cent. The company hopes to raise its target to VND90bn (US$4.29m) from the initial VND86bn, its chief accountant, Tran Minh Son, told the Dau Tu Chung Khoan newspaper. Last year Hoang Mai Cement achieved a net profit of VND112.72bn (US$5.39m) on revenue of VND1.53trn last year, down 13 and up 8.07 per cent, respectively. |
Industry: Vietnam Vicem sells 20.04Mt of cement and clinker in 201211 February 2013, Published under Cement NewsVietnam Cement Industry Corporation (Vicem), the leading cement producer in the country, sold 20.4Mt of cement and clinker in 2012, rising by 8.8 per cent from a year earlier and fulfilling 96.4 per cent of its full-year target. Of the sum, 19.24Mt of cement and clinker was sold in domestic market, up 11.9 per cent YoY, while 801,000t of cement and clinker was exported, down 35.9 per cent YoY. In 2012, Vicem produced 15.02Mt of clinker, up 3.8 per cent YoY, fulfilling 95.6 per cent of t... |
Vicem net profit rises 36% YoY11 January 2013, Published under Cement NewsVietnam Cement Industry Corporation (Vicem) said it made a net profit of VND660trn (US$31.62bn) in 2012, rising by 36 per cent from a year earlier, despite a fall in domestic demand and economic difficulties. The corporation sold more than 20Mt of cement in 2012, rising by nine per cent YoY and contributed VND1trn to the state budget, up eight per cent YoY. Vicem has control over production levels at the majority of Vietnam’s cement plants, including many Joint-Stock Companies (JSC) a... |
Hoang Mai Cement sets 2013 profit target, Vietnam07 January 2013, Published under Cement NewsHoang Mai Cement (HOM) JSC targets a profit of VND86bn (US$4.11m) this year, according to the company’s chief accountant, Tran Minh Son. HOM is part of the Vicem group which directs much of the largely state-run Vietnam cement industry. For the nine months to September 2012, HOM achieved a net profit of VND54.58bn on revenue of VND1.06trn, down 30.67 per cent and up 3.92 per cent YoY, respectively. The nine-month earnings per share was VND788. HOM is now carrying out a plan to buil... |
Vicem cement and clinker sales up 4.5%, Vietnam16 October 2012, Published under Cement NewsVietnam Cement Industry Corporation (Vicem) sold 14.44Mt of cement and clinker in the first nine months of this year, up 4.5 per cent from a year earlier. Of this total, 13.73Mt were sold in the domestic market, representing a rise of six per cent YoY, while 717,000t were exported, which was a fall of 18 per cent on year, the corporation said on its website. Vicem produced 10.97Mt of clinker in the first nine months of this year, up two per cent YoY. The corporation’s cement production,... |