GCC sees 8% rise in consolidated net sales
Mexico's Grupo Cementos de Chihuahua (GCC) has recorded an 8.3 per cent YoY rise in consolidated net sales to US$301.7m for the third quarter of 2019, on the back of improved ce...
Business Results
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Sagar Cements sees revenue increase 3%
India's Sagar Cements has recorded a consolidated net profit of INR45.2m (US$637,532) in the quarter ended 30 September 2019, compared with a loss of INR80m in the year-ago peri...
Ambuja Cement sees 1% rise in net sales for 3Q19
India’s Ambuja Cement (LafargeHolcim) reported a modest decline in standalone sales volumes to 5.23Mt in the 3Q19, compared with 5.456Mt in the year-ago period. However, net sal...
UltraTech boosts capacity and reports 3Q results
UltraTech completed the acquisition of Century's cement business, with the Scheme of Demerger effective from 1 October 2019. With this acquisition, UltraTech's cement manufactur...
Fauji Cement reports fall in profit by 63% in 1QFY20
Pakistan-based Fauji Cement Co Ltd (FCCL) has announced its financial results for 1QFY20 on 21 October. It posted a net profit after tax of PKR293m (US$1.87m), down 63 per cent ...
Shree Cement sees fivefold profit jump in 2QFY19-20
Indian cement producer Shree Cement has seen its profit surge fivefold to INR3.133bn for the quarter ended 30 September 2019 (2QFY19-20). In the year-ago period, the company pos...
Dalmia sees 5% hike in 2Q revenues
Dalmia Bharat Cement reported consolidated revenues of INR22.85bn (US$322m) in the quarter ended 30 September 2019 (2QFY19-20), up 5.2 per cent when compared with INR21.73bn in ...
Shiva reports 2Q loss at INR62.2m
India-based Shiva Cement Ltd has reported net sales of INR57.2m (US$806,037) in the 2QFY19-20 as compared to INR106.8m in the 1QFY19-20. When compared with the 2QFY18-19, sales ...
Bestway Cement’s profits sharply eroded in 1QFY19
Bestway Cement Ltd (BWCL) of Pakistan has announced its financial results for the 1QFY19, ended 30 September 2019. It declared a net profit of PKR300m (US$1.97m) against PKR2.25...
ACC shows 45% increase in profit for the 3Q19
India’s ACC (LafargeHolcim) saw its consolidated net profit rise 44.7 per cent YoY to INR3.03bn (US$42.25m) in the 3Q19, on the back of a three per cent climb in net sales to IN...