Cementos Pacasmayo sees 8% uptick in 4Q sales
Peru-based Cementos Pacasmayo reported a 7.7 per cent rise in sales volumes of cement, concrete and precast in the 4Q19 due to higher sales to the public sector, El Niño reconst...
Business Results
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Gulf Cement narrows loss
UAE-based Gulf Cement reported a fall in revenues to AED443.6m (US$120.8m) in 2019, down from AED475.7m in 2018. This represents a YoY drop of 6.7 per cent. The company’s loss n...
India’s Saurashtra Cement posts Oct-Dec 19 net profit
Saurashtra Cement has reported a net revenue from operations of INR1.52bn (US$21.3m) in October-December 2019 from INR1.58bn in the year-ago period. The company achieved a net p...
Yamama Cement reports full-year profit
Saudi Arabia-based Yamama Cement Co has posted full-year 2019 sales of SAR801.9m, representing a 53.9 per cent increase when compared with SAR521.2m in 2018. The company’s net p...
FLSmidth sees order intake decline 10%
FLSmidth’s order intake declined 10 per cent YoY to DKK19.554bn (US$2.86bn) in 2019, on the back of a decrease in large capital orders due to market uncertainty and a delay in c...
Cherat Cement profits hit by high cost of sales in 1HFY20
Cherat Cement Co Ltd (CHCC) of Pakistan has announced its financial result for 1HFY20 through Pakistan Stock Exchange (PSX) on 12 February 2020. It posted a loss after tax (LAT)...
Anjani Portland Cement sees profit rise 165%
India’s Anjani Portland Cement has seen a 165 per cent increase in net profit to INR62.8m (US$881,229) for the quarter ending 31 December 2019, rising from INR23.7m in the year-...
Buzzi Unicem cement sales reach 29.1Mt in 2019
Buzzi Unicem's sales volumes during 2019 exceeded the level reached in the previous year in all the areas where it operates, thanks to the robust growth recorded in the USA. Gro...
Taiwanese cement producers see revenue decline in January
Taiwan’s cement manufacturers have recorded a challenging start to the year, with Taiwan Cement Corp noting a 20.1 per cent decline in January revenue to TWD7.50bn (US$249.3m) f...
India Cements reports net loss in 3QFY19-20
India Cements has reported an INR53.7m (US$751,232) standalone net loss in the quarter ending 31 December 2019, compared with an INR31.3m profit in the year-ago period. Total in...