Business Result

42 posts · Page 3 of 5

Indocement sales fall 9% in 9M20

Indocement sales fall 9% in 9M20

HeidelbergCement-owned Indocement posted sales of 11.7Mt in the January-September 2020 period, down 8.6 per cent when compared with the 9M19. The drop in sales is attributed to ...

Hail Cement reports profit rise in 2019

Hail Cement reports profit rise in 2019

Saudi cement producer Hail Cement has posted a net profit after zakat and tax of SAR59.7m (US$15.9m) in 2019 following a loss of SAR25m in 2018. The company increased its sales ...

CIMERWA reports 20% sales increase

CIMERWA reports 20% sales increase

Rwanda-based CIMERWA posted a 20 per cent YoY increase in its sales volumes and a 28 per cent growth in revenues to RWF514m (US$560,342) in the 9M2019, attributed to the mainten...

Gharibwal Cement 51% profit fall in FY18-19

Gharibwal Cement 51% profit fall in FY18-19

Gharibwal Cement Ltd (GWLC) has released its financial results for the year ended 30 June 2019. The company earned a net profit of PKR736m (US$6.7m) as compared to PKR1.509bn ea...

Bestway Cement profit falls 23% in FY19

Bestway Cement profit falls 23% in FY19

Bestway Cement Ltd (BCL) has announced its financial results for the year ended 30 June 2019 on 8 August by declaring of net profit of PKR10.09bn (US$63m), amounting to a fall o...

LafargeHolcim

LafargeHolcim's turnover in 2018 amounted to CHF27,466m (US$ 27,471m) , a YoY increase of 1.6 per cent, while in euro terms this amounted to EUR24,178m. The Asia-Pacific region ...

HeidelbergCement

HeidelbergCement's quoted Italcementi subsidiary, Suez Cement, saw a consolidated 1H17 loss of EGP40.61m (EUR1.95m), compared with a profit of EGP53.76m. Suez Cement is to disso...