Ciments de Bizerte posts 32% increase in turnover in 2019
In the 4Q19 Tunisia-based Ciments de Bizerte saw its local turnover increase by 56.6 per cent YoY to TND29.068m (US$10.3m) from TND18.559m in the 4Q18. Export turnover reached T...
Business Results
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Ramco Cements records 5% revenue rise
India’s Ramco Cements saw a 6.3 per cent YoY decline in standalone net profit for the quarter ending 31 December 2019, falling to INR950m (US$13.28m) from INR1.01bn. However, re...
Orient Cement reports modest decline in income
India’s Orient Cement has reported a 1.3 per cent YoY decline in total income to INR5.67bn (US$79.3m) during the 3QFY19-20. However, the company considerably narrowed its net lo...
Lucky Cement reports profit fall during 1H20
Lucky Cement Ltd of Pakistan has announced its financial results for 1HFY19-20, posting earnings of PKR1.937bn (US$12.54m), down 65 per cent when compared with earnings of PKR5....
JK Lakshmi Cement records 251% surge in net profit
India’s JK Lakshmi Cement has seen a 251 per cent YoY surge in its net profit to INR493.1m (US$6.92m) in the October-December 2019 period, compared with INR140.5m in the previou...
Shree Digvijay Cement announces 9% rise in income
India’s Shree Digvijay Cement has announced an 8.5 per cent increase in total income to INR1.23bn (US$17.2m) for the 3QFY19-20, compared with INR1.13bn in the year-ago period. N...
Siam Cement sees 32% decline in profit for the 4Q19
Thailand’s Siam Cement has seen a 32 per cent YoY decrease in profit to THB7.1bn (US$230.3m) for the October-December 2019 period. Overall revenue fell nine per cent YoY to THB1...
UltraTech Cement sees 80% rise in net profit
India's UltraTech Cement (Aditya Birla Group) has posted a 79.8 per cent YoY increase in consolidated net profit to INR7.12bn (US$99.67m) for the 3QFY19-20, while EBITDA rose 25...
Qatar National Cement sees profit decline 51%
Qatar National Cement has recorded a 50.5 per cent fall in net profit to QAR172.16m (US$47.29m) for 2019, compared with QAR347.83m in the previous year. The company’s total ceme...
Udaipur Cement returns to profit in the 3QFY19-20
India-based Udaipur Cement Works Ltd, a subsidiary of JK Lakshmi Cement Ltd, reported a net profit of INR9.7m (US$135,776) for the third quarter ended 31 December 2019. In the 3...