Hoffmann Green Cement Technologies sees turnover up in 2019
Hoffmann Green Cement Technologies (HGCT) saw a hike in its turnover to EUR0.62m in 2019 from EUR0.289m in 2018. The company’s EBITDA declined to EUR-1.846m while EBIT reached E...
Business Results
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HeidelbergCement Bangladesh profits hit by multiple factors
HeidelbergCement Bangladesh posted an unaudited net profit of BDT43.5m (US$0.513m) for the first quarter of 2020, against earnings of BDT193m in the 1Q19. The fall in profit is ...
Mixed pattern in financial results visible in 9MFY20
Three more Pakistani cement companies have announced their 9MFY19-20 financial results. Lucky Cement Ltd has reported a lower profit, while Maple Leaf Cement Factory Ltd (MLCF) ...
Mixed results announced by Pakistani cement companies for 9MFY20
Three Pakistani cement companies have announced their 9MFY19-20 financial results. DG Khan Cement Co Ltd and Kohat Cement Co Ltd have reported losses, but luckily Attock Cement ...
Umm Al Qura reports net profit surge in 1Q20
Saudi Arabia’s Umm Al Qura has seen its net profit increase 79.1 per cent YoY to SAR38.5m (US$10.27m) in the first quarter of 2020, rising from SAR21.5m in the year-ago period. ...
Najran Cement Co reports positive 1Q20 results
Saudi Arabia’s Najran Cement Co has reported a 557.4 per cent surge in net profit to SAR40.1m (US$10.69m) in the first quarter of 2020, compared to SAR6.1m in the 1Q19. Sales ad...
Baturaja Cement sales decreased 15% in 1Q20
PT Semen Baturaja (Persero) Tbk experienced a downturn in cement sales in the first quarter of this year by 15 per cent. Semen Baturaja Corporate Secretary, Basthony Santri, sta...
CRH releases trading update
CRH has released a trading update for the 1Q20, reporting a three per cent increase in like-for-like sales. In North America the company’s operations in Pennsylvania, New York C...
ACC sees net profit fall 7% in 1Q20
India’s ACC (LafargeHolcim) has seen its consolidated net profit fall 6.6 per cent YoY to INR3.23bn (US$42.13m) in the first quarter of 2020. Its net sales decreased 10.8 per ce...
Semen Indonesia Group sales slip 2% in March
Total sales of Semen Indonesia Group (SIG) fell two per cent in March 2020 to 3,098,449t when compared with March 2019, when sales reached 3,161,373t, according to data released...