Malayan Cement announces 4Q19 net loss of US$9.1m
Malayan Cement Bhd remained in the red in 4Q19, making a net loss of MYR38.55m (US$9.1m). The group has changed its financial year end to 30 June 2020 from 31 December 2019 afte...
Business Results
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SungShin Cement posts 11% net profit rise
South Korea’s SungShin Cement has reported a full-year revenue of KRW714.64bn (US$590.2m) in 2019, 3.9 per cent up when compared with KRW688.07bn reported in 2018. However, oper...
Profit of Bestway Cement falls in 1HY19
Bestway Cement Ltd (BWCL) announced its financial results for the half year ended 31 December 2019. According to financial results sent to Pakistan Stock Exchange (PSX), today, ...
HeidelbergCement reports good 2019 results growth
HeidelbergCement reports good 2019 results growth in addition to the preliminary unaudited figures already published on 12 February 2020, HeidelbergCement has today presented – ...
Vicat reports 6% increase in consolidated sales for 2019
Vicat has reported a 6.1 per cent increase in consolidated sales to EUR2.74bn for 2019, rising from EUR2.58bn in the previous year. EBITDA showed a similar 6.9 per cent YoY grow...
DG Khan Cement profit falls 51% in the 1HFY19-20
DG Khan Cement Co (DGKC) has announced its financial results for the half-year period ended 31 December 2019, reporting a 43 per cent fall in profit to PKR946m (US$6.1m). The ma...
AbaCore Capital signs joint venture agreement for cement project
Philippines-based AbaCore Capital Holdings Inc has received approval for a joint venture agreement with Honghui Pioneer S-Cement International Inc, which will facilitate the dev...
PIBTL earns profit in 1HFY19-20
Pakistan International Bulk Terminal Ltd (PIBTL) has announced its financial results for the half-year period ended 31 December 2019, declaring earning of net profit of PKR864m ...
HeidelbergCement sees revenue rise 4% in 2019 preliminary results
HeidelbergCement has announced a 4.3 per cent YoY increase in group revenue to EUR18.851bn in its preliminary results for 2019. On a like-for-like (LfL) basis, the rise moderate...
Cemex records flat net sales of US$3.3bn in 4Q19
Cemex announced that its 4Q19 net sales remained flat at US$3.3bn and fell for the full year by one per cent to US$13.1bn. Operating EBITDA, on a like-for-like basis, fell by 15...