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YTL Corp returns to profit in the 4QFY19

YTL Corp returns to profit in the 4QFY19

Malaysia’s YTL Corp Bhd posted a net profit of MYR2.44m (US$578,705) for the 4QFY19, against a net loss of MYR63.54m in the year-ago period. Revenue increased 20 per cent to MYR...

Vassiliko Cement sees 9% increase in total income

Vassiliko Cement sees 9% increase in total income

Cyprus’ Vassiliko Cement has seen an 8.9 per cent YoY increase in total income to EUR53.99 for the first six months of 2019, compared with EUR49.6m in the year-ago period. Profi...

PT Indocement

PT Indocement saw its total sales volumes increase by 0.7 per cent YoY to 8.4Mt in the first half of 2019. Although domestic sales remained largely unchanged, export volumes jum...

Cementos Argos

Cementos Argos has reported a 10.6 per cent YoY increase in revenue to US$1.419m in the opening half of 2019. Over the same period, net profit advanced by 33.5 per cent to US$22...

PT Semen Indonesia

Semen Indonesia’s gross margin improvement in the 1H19 is being seen as indicative of a recovery in the Indonesian cement industry, according to Fitch Ratings. A report in the S...

Anhui Conch

In the six months ending 30 June 2019, Anhui Conch reported revenue of CNY71.64bn (US$10.01bn), up 56.6 per cent YoY. Profit attributable to equity shareholders came in at CNY15...

China National Building Materials (CNBM)

In the first half of 2019, CNBM’s subsidiary Sinoma International reported a 12.38 per cent YoY jump in operating income to CNY11.33bn (US$1.58bn). Net profit over the same peri...

UltraTech Cement

UltraTech Cement, an Aditya Birla Group company, almost doubled its net profit in the quarter ending 30 June 2019, on the back of merger synergies and improved operational effic...