Cementarnica Usje sees 21% net profit rise
North Macedonia-based Cementarnica Usje reported a 21 per cent YoY consolidated net profit rise to MKD939.8m (US$16.8m) in the January-September 2019 period. The Titan-owned com...
Business Results
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Taiwanese producers record mixed results in October
Taiwan’s Hsing Ta Cement has recorded a 12.5 per cent YoY fall in revenue for October 2019, decreasing to TWD638.73m (US$21m) from TWD729.87m. However, revenue in the January-Oc...
HeidelbergCement records 7% rise in group revenue for the 9M19
HeidelbergCement has reported a seven per cent increase in group revenue to EUR14.3bn for the first nine months of 2019, compared with EUR13.4bn in the year-ago period. Excludin...
Loma Negra records 2% fall in revenue for the 9M19
Argentina's Loma Negra has recorded a 2.3 per cent fall in net revenue to ARS26.74bn (US$448m) in the first nine months of 2019, compared with ARS27.36bn in the year-ago period....
Buzzi Unicem sees improved cement volume and stable in concrete
Buzzi Unicem's turnover for the first nine months of 2019 was up by 13.4 per cent to EUR2423.6m, but ignoring exchange rate movements the increase would have been 9.9 per cent. ...
Arkan sees increase in net profit for the 9M19
UAE-based Arkan Building Materials Co has recorded a net profit of AED36.13m (US$9.8m) for the first nine months of 2019, compared to AED10.2m in the corresponding period last y...
PT Semen Indonesia receives 9M19 profit decline
Cement producer PT Semen Indonesia received a profit decline in 9M19 on the back of surging finance costs. Although Semen Indonesia earned IDR1.3trn (US$92.85m) in net profit fr...
Hilal Cement Co reports loss in 3Q19
Kuwait’s Hilal Cement Co has reported a loss of KWD52,300 (US$172,700) in the third quarter of 2019, according to a company bourse statement. However, in the first nine months o...
Titan Cement Group's turnover rises by 9% in 3Q19
Titan Cement Group's 3Q19 results saw consolidated turnover rise by 8.7 per cent compared to 3Q18, EBITDA rose by 15.4 per cent and net profit increased by 25.7 per cent. In the...
Star Cement sees 16% rise in net profit
India-based Star Cement reported a standalone net profit of INR550.8m (US$7.8m) for the quarter ended 30 September 2019, up 16.2 per cent YoY from INR474m in the year-ago period...