Thatta Cement profit falls by 40% in FY19
Thatta Cement Co Ltd (THCCL) of Pakistan has announced its financial results for FY19. It declared earning of net profit of PKR213m (US$1.36m)(unconsolidated) as compared to PKR...
Business Results
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Semen Indonesia reports 4% drop in August sales
Semen Indonesia reported a four per cent fall to 2.789Mt in total sales in August 2019 when compared with the previous year, when the company achieved sales of 2.904Mt. In July ...
DG Khan Cement profit falls in FY19
DG Khan Cement Company Ltd (DGKC) of Pakistan has announced its financial results for FY19 on 16 September. It declared earning of net profit of PKR1.609bn (US$10.3m) (unconsoli...
Hsing Ta Cement records 22% revenue increase for August
Taiwan’s Hsing Ta Cement has seen a 21.6 per cent YoY increase in revenue to TWD727.86m (US$23.3m) for August 2019, compared with TWD598.65m in the year-ago period. In the first...
Sagar Cements sees improvement in consolidated production in August
India’s Sagar Cements has reported a 11.7 per cent YoY fall in its standalone production figures for August 2019, which declined to 182,891t from 207,008t. However, consolidated...
Luks Group (Vietnam Holdings) records 10% fall in turnover
Luks Group (Vietnam Holdings) Co Ltd has reported a 9.7 per cent YoY decrease in turnover to HKD330.6m (US$42.17m) for the six-month period ending 30 June 2019, compared with HK...
PPC Zimbabwe's cement sales volumes fall by 25%
PPC Cement's Zimbabwean cement sales volume contracted by 25-30 per cent in the four months ended 30 June 2019. The country has been hit by fuel and electricity shortages and ot...
Beni Suef Cement reports modest revenue increase in 2Q19
Egypt's Misr Beni Suef Cement saw a one per cent YoY increase in revenue to EGP454m (US$27.4m) in the 2Q19, supported by increased sales despite the Ramadan and Eid holidays. Ho...
PPC releases operational update for the 4MFY20
South Africa's PPC has released an operational update for the four months to 30 July, noting a 5-10 per cent increase in group EBITDA due to positive price momentum in South Afr...
Ramco Cements expects price hike in Indian states
India's Ramco Cements Ltd has stated that a cement price hike in Telugu states is imperative as prices are unviable for manufacturers. "Companies have to increase cement prices ...