Yamama Cement sees revenue surge 73% in the 3Q19
Saudi Arabia’s Yamama Cement Co has returned to profit in the 3Q19, posting a SAR45.7m (US$12.1m) profit against losses of SAR46.3m in the year-ago quarter. Revenue also surged ...
Business Results
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Attock Cement profit falls 16% in 1QFY19-20
Attock Cement Pakistan Ltd (ACPL) of Pakistan has announced its financial results for the first quarter ended 30 September 2019. It declared a net profit of PKR357m (US$2.3m), a...
Raysut Cement sees 9% decline in revenue for 9M19
Oman’s Raysut Cement Co has announced an 8.5 per cent fall in total revenue to OMR62.13m (US$161.58m) in the nine months ended 30 September 2019, compared with OMR67.89m in the ...
Carthage Cement adopts financial restructuring plan
Tunisian cement producer Carthage Cement has presented its 2019-23 business plan. In terms of financial restructuring Carthage Cement will carry out a capital increase of TND223...
Flying Cement profits recede in FY19
Flying Cement Company Ltd (FCCL) of Pakistan has announced its financial results for FY19. It declared a net profit of PKR142.36m (US$0.9m) against PKR181.5m earned in the same ...
Steppe Cement suffers weak 3Q19
Steppe Cement Ltd of Kazakhstan had a weak third-quarter performance but said year-to-date revenue benefitted from rising cement prices. The construction materials producer said...
Power Cement reports 11% fall in sales
Pakistan’s Power Cement Ltd has reported a 11.2 per cent decline in net sales to PKR3.85bn (US$24.5m) in the FY19 ended 30 June, falling from PKR4.34bn in the year-ago period. G...
Pioneer Cement profit shrinks by 52% in FY19
Pioneer Cement Ltd (PIOC) of Pakistan has announced its financial results for the year ended 30 June 2019 today. It earned a net profit of PKR790m (US$5m) as compared to PKR1.64...
Pioneer Cement records 4% fall in revenue
Pakistan’s Pioneer Cement has reported a 3.8 per cent fall in revenue to PKR9.73bn (US$62.07m) in the FY19, compared with PKR10.12bn in the year-ago period. Operating profit dec...
Attock Cement's perceptions for Pakistan's cement industry
Top officials of Attock Cement Pakistan Ltd (ACPL) presented a pictorial review of Pakistan cement industry in local bourse house on 30 September. Muhammad Rehan, chief financia...