Misr Cement Group posts 136% jump in net profit
Egypt-based Misr Cement Group reported a net profit of EGP272m (US$5.38m) in 2024, up 136 per cent when compared with 2023. The increase is attributed to the company’s cost opti...
Business Results
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Votorantim Cimentos reports revenue of BRL26.6bn in 2024
Votorantim Cimentos ended 2024 with record high annual operating results and margin growth, supported by geographic and product diversification. The company’s global net revenue...
Qassim Cement posts 112% rise in net profit
Saudi Arabia based Qassim Cement Co posted revenues of SAR967.57m (US$258m) in 2024, up 65.8 per cent when compared with SAR583.55m in 2023. The company's net profit advanced by...
JK Lakshmi posts 59% drop in income in 3QGY24-25
JK Lakshmi Cement Ltd reported unaudited consolidated revenue from operations for the three months ended 31 December 2024 (3QFY24-25) of INR14.968bn (US$172.9m), down 12.1 per c...
Najran Cement posts 24% hike in profits in 2024
Saudi Arabia based Najran Cement Co saw a 10.1 per cent increase in revenue to SAR534.5m in 2024 from SAR485.65m in 2023, according to the company’s financial statements. Net pr...
Heidelberg Materials Bosnia sees 37% advance in net profit
Heidelberg Materials Cement BiH in Bosnia has increased its revenue by 25 per cent to BAM179.5m (US$99.9m) in 2024. Of this total, domestic sales revenue rose 30 per cent YoY to...
Cementir posts 2024 results with gross profits down 7 %
Cementir ’s Board of Directors released the company’s financial statements for the year ended 31 December 2024. Profit before taxes was EUR295.3m, down 6.5 per cent on EUR315.8m...
Chilanga Cement reports 27% advance in 2024 net profit
Zambia-based cement producer Chilanga Cement , part of Huaxin Cement Co Ltd , posted a 34 per cent YoY increase in sales revenue in 2024. Revenue increased to ZMW2720m (US$95.4m...
Loma Negra sees sharp rise in 2024 net profit
Loma Negra posted a net revenue of ARS174.2m (US$170m), down 19.5 per cent YoY as the company posted its fourth-quarter results. Revenue from cement, masonry and lime sales fell...
Cementarnica Usje 2024 net profit up 25%
North Macedonia-based building materials producer Usje Cementarnica , a subsidiary of Titan , said its net profit went up 25 per cent YoY to MKD1.9bn (US$32.1m) in 2024. The com...