Fauji Cement 9M profit drops 88%
Pakistan-based Fauji Cement Co Ltd (FCCL) saw its 9MFY19-20 profit, for the period ended 31 March 2020, fall 88 per cent to PKR271m (US$1.7m) when compared with the year-ago per...
Business Results
2,728 posts · Page 119 of 273
Carthage Cement sees 1Q turnover up 6%
Tunisia’s Carthage Cement reported a six per cent rise in turnover to TND63.617m (US$22m) in the 1Q20 when compared with TND59.771m in the equivalent period of 2019. The company...
Five Pakistan cement producers to release 3Q results amid coronavirus pandemic
Pakistan's leading cement companies are scheduled to announce on 23 April their financial results for the 3QFY19-20 ended 30 March 2020. Analysts anticipate mixed results, carry...
Lafarge Africa PLC returns to profit in 2019
Lafarge Africa PLC has reported revenues of NGN213bn (US$551.5m) for the year ended 31 December 2019 as against NGN218bn in 2018. Operating expenses fell from NGN29.89m to NGN23...
Steppe Cement 1Q20 cement sales fall by 11%
In the 1Q20 Steppe Cement Ltd sold 235,896t of cement for KZT4003m (US$9.4m) compared to 266,393t in the 1Q19, a decline of 11 per cent. Kazakhstan's cement market increased in ...
Gulf Cement to delist from Boursa Kuwait
At its ordinary general meeting, Gulf Cement Co has approved the board’s proposal to delist from Boursa Kuwait. In addition, the company will not to distribute dividends for 201...
Cement sales on Fiji impacted by coronavirus
Fijian cement producer Pacific Cement Ltd reported cement sales declined by 27 per cent YoY in March. The company has lost an estimated US$750,000 in sales, according to General...
Adelaide Brighton pulls 2020 profit guidance
Australia’s Adelaide Brighton has pulled its 2020 profit guidance due to the economic uncertainty resulting from the coronavirus pandemic, but noted it has AUD450m (US$274.55m) ...
Ambuja Cement of India profit grows in FY19
Ambuja Cement Ltd of India has reported an increase in total income of 3.1 per cent and profit after tax (PAT) advance of 2.8 per cent during FY19, despite an increase of 0.6 pe...
China Tianrui Group Cement Co reports 50% rise in FY profit
China Tianrui Group Cement Co has posted for 2019 an attributable profit of CNY1.819bn (US$256m), up 50 per cent when compared with 2018. The company’s full-year revenues increa...