Dangote Cement sees 2% advance in 1Q EBITDA
Dangote Cement Plc reported a 3.8 per cent YoY increase in group revenue to NGN249.2bn (US$638.2m) for the first quarter of 2020 in its unaudited results for the three months en...
Business Results
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Birla Corp posts 52% rise in net profit
India’s Birla Corp has posted a 52 per cent YoY surge in net profit to INR1.95bn (US$25.76m) in the quarter ending 31 March 2020, while total income was down 9.4 per cent to INR...
Al Jouf Cement sees 4% rise in revenue for 1Q20
Saudi Arabia’s Al Jouf Cement has seen a 3.5 per cent YoY increase in revenue to SAR58.8m (US$15.68m) in the first quarter of 2020, compared to SAR56.85m in the year-ago period....
Votorantim Cimentos sees net revenue up 9% in 1Q20
Votorantim Cimentos' financial statement for the period ended 31 March 2020 reported net revenue up nine per cent to BRL2747m (US$494.6m) from BRL2524m in the 1Q19, while adjust...
Sumitomo Osaka Cement reports 40% increase in profit
Japan’s Sumitomo Osaka Cement has reported a 40 per cent YoY rise in net profit to JPY10.92bn (US$101.63m) for the fiscal year ending 31 March 2020, compared with JPY7.8bn in th...
JK Lakshmi Cement sees 151% increase in net profit
India’s JK Lakshmi Cement has reported a 150.5 per cent YoY increase in net profit to INR986.3m (US$13.04m) in the final quarter of FY19-20, against INR393.8m in the correspondi...
Ciments du Maroc sees turnover down 10% in 1Q20
Ciments du Maroc (HeidelbergCement) reported a 9.9 per cent YoY drop in cement sales volumes in the first quarter of 2020 as the coronavirus pandemic affected the market. The co...
UltraTech Cement Ltd records net sales of INR105.8bn in 4QFY19-20
UltraTech Cement Ltd (Aditya Birla Group) announced its financial results for the 4Q and full year ended 31 March 2020. 4QFY19-20 Consolidated net sales reached INR105.8bn (US$1...
BUA Cement reports 48% rise in revenue in 2019
Nigeria’s BUA Cement has reported a 47.5 per cent rise in revenue to NGN175.52bn (US$452.35m) for 2019, compared to NGN119.01bn in the previous year. EBITDA also surged 47.2 per...
Lafarge Africa sees net profit rise 157% in 1Q20
Lafarge Africa has reported a 9.8 per cent increase in net sales to NGN63.97bn (US$178.93m) in its unaudited results for the first quarter of 2020, compared to NGN58.02bn in the...