Hsing Ta Cement sees 14% decline in revenue
Taiwan’s Hsing Ta Cement has seen a 14.3 per cent decline in revenue to TWD1.16bn (US$38.96m) for the January-March 2020 period, against TWD1.36bn in the 1Q19. The company’s net...
Business Results
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Bolu Cimento reduces net loss in 1Q20
Turkey’s Bolu Cimento Sanayii has considerably reduced its non-consolidated net loss to TRY11.04m (US$1.58m) in the first quarter of 2020, compared with a TRY21.19m loss in the ...
Titan Group sees 6% revenue increase in 1Q20
Based on robust US demand and resilience of markets in the eastern Mediterranean, Titan Group's consolidated revenue increased in the 1Q20 by 6.1 per cent, reaching EUR384.8m, d...
Siam Cement Plc cement sales down 4% in 1Q20
Thailand's Siam Cement Plc reported profits of THB6971m (US$217.1m), down two per cent QoQ and EBITDA slipped to THB15,424m down 126 per cent. Revenue from sales was steady at T...
Semen Indonesia Group sales edge up in April
Semen Indonesia Group (SIG) reported total sales in April 2020 of 3,060,256t, up 0.5 per cent when compared with April 2019, when the group achieved sales of 3,046,007t. Semen I...
Gulf Cement records net loss in 1Q20
UAE-based Gulf Cement has posted a net loss of AED28.9m (US$7.87m) in the first quarter of 2020, compared to an AED1.5m profit in the corresponding period of last year. Revenues...
Alexandria Portland Cement sees net loss contract in 1Q20
Egypt’s Alexandria Portland Cement has seen its consolidated net loss contract 54 per cent YoY to EGP35.82m (US$2.27m) in the first quarter of 2020, compared to a loss of EGP77....
Buzzi Unicem records 1Q20 net sales of EUR688.5m
Buzzi Unicem has released its 1Q20 results which saw net sales reach EUR688.5m, up 4.9 per cent on 1Q19. Cement sales rose by 0.4 per cent to 6Mt, while concrete volumes fell by...
Loma Negra reports 30% decline in revenue
Argentina’s Loma Negra has reported a 29.6 per cent fall in net revenue to ARS7.77bn (US$122m) in the first quarter of 2020, compared to ARS11bn in the year-ago period. The comp...
Shree Cement posts 58% increase in profit
India’s Shree Cement has seen a 57.6 per cent rise in consolidated net profit to INR5.36bn (US$70.78m) in the quarter ending 31 March 2020, compared with INR3.12bn in the year-a...