Business Results

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Lucky Cement sees 23% increase in July revenue

Lucky Cement sees 23% increase in July revenue

Taiwan’s Lucky Cement has seen its revenue climb 22.6 per cent YoY to TWD384m (US$13.05m) in July 2020, against TWD313.2m last year. In the January-July period, revenue advanced...

Qassim Cement sees 21% rise in net profit

Qassim Cement sees 21% rise in net profit

Saudi Arabia’s Qassim Cement saw a net profit of SAR85.5m (US$22.8m) in the second quarter of 2020, up 21.3 per cent YoY compared to SAR70.5m in the year-ago period. Sales also ...

City Cement reports 12% increase in net profit

City Cement reports 12% increase in net profit

Saudi Arabia’s City Cement saw a 12.2 per cent rise in net profit to SAR36.2m (US$9.65m) in the second quarter of 2020, compared with SAR32.25m in the corresponding period of la...

JK Lakshmi sees 13% rise in net profit

JK Lakshmi sees 13% rise in net profit

India’s JK Lakshmi Cement posted a 12.9 per cent increase in net profit to INR446.4m (US$5.96m) for the 1QFY20-21, compared with INR395.4m last year. However, it noted that sale...

Argos achieves revenues of COP2.1trn in 2Q20

Argos achieves revenues of COP2.1trn in 2Q20

From April to June 2020, Argos, part of Grupo Argos, reported revenues of COP2.1trn (US$553.5m), which represents a contraction of 9.1 per cent compared to the same quarter of l...

SCG sees dip in Vietnam's revenue from sales

SCG sees dip in Vietnam's revenue from sales

Thailand’s Siam Cement Group (SCG) has seen its revenue from sales in Vietnam drop five per cent YoY to VND13.1trn (US$564.6m) in the first half of 2020, according to Vietnam Ne...