Misr Cement (Qena) records 67% net profit decline
Egypt’s Misr Cement (Qena) has recorded a 67 per cent YoY net profit fall to EGP29.7m (US$1.84m) during the first nine months of 2019, compared to EGP89.42m in the year-ago peri...
Business Results
2,728 posts · Page 133 of 273
Cementir sales advance in most areas, but net profit falls
Cementir's turnover for the first nine months of 2018 improved by 1.5 per cent to EUR906.12m and EBITDA advanced by 11.6 per cent to EUR181.84m. However, the trading profit ease...
Alexandria Portland Cement sees net losses narrow in 9M19
Egypt’s Alexandria Portland Cement has seen its consolidated net losses narrow by 61 per cent YoY to EGP96.58m (US$5.98m) during the first nine months of 2019, compared with los...
Varied results for PSX listed cement producers in 1QFY19-20
The financial results of eight cement companies of Pakistan for the July-September 2019-20 period reveals that their profits shrank owing to weak sales, high financial charges a...
Taiheiyo sees 7% drop in 1H net profits
Taiheiyo Cement reported a 1.7 per cent decline in group revenues to JPY431.39bn (US$3.95bn) in the first half of FY19-20 (ended 30 September 2019) from JPY438.7bn in 1HFY18-19....
The India Cements Ltd may put capex plans on hold
The India Cements Ltd said it may need to put its capital expenditure plans on the backburner if the current economic slowdown persists, reports The Times of India. "We may hold...
Chia Hsin Cement reports 1% fall in revenues in Oct
Taiwan-based Chia Hsin Cement Corp posted a revenue of TWD176.789m (US$5.8m) in October 2019, slipped 0.9 per cent when compared with TWD178.401m reported for October 2018. In t...
Kuwait Portland Cement 3Q profit down 75%
Kuwait Portland Cement Co reported a 75 per cent decline in net profit in the third quarter of 2019. The company achieved profits of KWD605,600 (US$2m) in the 3Q19, compared wit...
Eagle Cement Corp records 35% increase in net profit
Philippines-based Eagle Cement Corp has recorded a 35 per cent YoY increase in net profit to PHP4.7bn (US$92.3m) for the first nine months of 2019, on the back of higher sales v...
Republic Cement to increase capacity by up to 25%
Philippines-based Republic Cement has announced plans to expand capacity by up to 25 per cent next year on the back of increased demand for cement products. "Our capacity is hov...