Najran Cement Co fully repays loan for WHR project
Najran Cement Co has fully repaid the remaining amount of a SAR45m (US$12m) existing loan, which was used to finance the company's waste heat recovery project. The credit facili...
Business Results
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Malaysia’s CMS sees 64% drop in net profit
Malaysia-based Cahya Mata Sarawak Bhd (CMS) reported a 32.5 per cent drop in revenue to MRY282.5m (US$65.9m) in the first quarter of 2020. Its cement segment saw revenues fall b...
Andhra Cement January-March net sales down 85% YoY
India-based Andhra Cement has reported standalone net sales of INR109.5m (US$1.44m) in January-March 2020, down 85.4 per cent when compared with INR749.4m in January-March 2019....
Power Cement begins commercial operations at 7700tpd plant
Pakistan’s Power Cement Ltd has announced that its 7700tpd clinker production plant has reached its rated capacity and will therefore begin commercial production from 1 July 202...
Anjani Portland Cement reports net profit rise in FY19-20
India’s Anjani Portland Cement has reported a 14.7 per cent decline in total income to INR1.03bn (US$13.63m) for the final quarter of FY19-20, compared to INR1.21bn in the year-...
Tourah Portland Cement sees loss widen in 1Q20
Egypt’s Tourah Portland Cement has seen its net loss widen to EGP64.9m (US$4m) in the first quarter of 2020, compared to EGP50.9m in the 1Q19. The company also reported an 82.8 ...
Suez Cement sees 27% fall in revenue
Egypt’s Suez Cement has posted an EGP389.65m (US$24.07m) net loss in its consolidated results for the 1Q20, compared to an EGP213.07m profit in the first quarter of 2019. The co...
Star Cement sees 4% increase in sales
India’s Star Cement has reported a 3.5 per cent rise in net sales to INR5.57bn (US$73.58m) in the final quarter of the FY19-20, compared with INR5.38bn in the corresponding peri...
Titan posts rise in 5M EBITDA
Titan Group reported a drop in consolidated revenue by 2.1 per cent to EUR641.8m in the January-May 2020 period, following a 6.1 per cent growth in the 1Q20 and a subsequent slo...
Burnpur Cement sees net loss widen in 4Q
India’s Burnpur Cement has seen its standalone net loss widen to INR1.25bn (US$16.53m) in the quarter ending 31 March 2020, compared to an INR31.2m net loss in the corresponding...