Business Result

42 posts · Page 2 of 5

Raysut Cement 1H loss widens

Raysut Cement 1H loss widens

Oman-based Raysut Cement posted a total revenue of OMR31.6m (US$82.1m) in the first half of 2024, representing a 5.7 per cent decline when compared with OMR33.5m in the year-ago...

Sinai Cement narrows 1Q loss

Sinai Cement narrows 1Q loss

Egypt-based Sinai Cement Co , part of Vicat , saw consolidated net losses after tax of EGP58.47m (US$1.89m) in the first quarter of 2023, compared with losses of EGP67.19m in th...

FLSmidth sees strong 1Q22 revenue growth

FLSmidth sees strong 1Q22 revenue growth

FLSmidth has reported strong revenue growth in the first quarter of 2022, driven by a high order backlog. Organic group revenue advanced by 23 per cent YoY over the three-month ...

 FLSmidth sees 5% rise in order intake in 2021

FLSmidth sees 5% rise in order intake in 2021

FLSmidth reported a five per cent increase in order intake in 2021 as the impact of the COVID-19 pandemic waned and project sites became more accessible. Including currency effe...

Iskitimcement ups output by 20%

Iskitimcement ups output by 20%

Russia-based JSC Iskitimcement (owned by JSC HC Sibcem) produced 1.18Mt of cement in 2021, representing a 20 per cent YoY rise. The company also advanced sales by 21 per cent to...

Caribbean Cement triples 1H profit

Caribbean Cement triples 1H profit

Caribbean Cement’s profit for the first half of 2021 has tripled to JMD3bn (US$19.3m) from JMD1bn in the 1H20, on the back of stronger domestic demand. The company’s revenues in...