Business Results

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Saurashtra Cement posts rising 1Q net profit

Saurashtra Cement posts rising 1Q net profit

India-based Saurashtra Cement reported a consolidated revenue from operations of INR1.51bn (US$21.4m) in the 1QFY19-20 (ended 30 June 2019), down 10.1 per cent from INR1.68bn in...

Al Jouf Cement reports 2Q profit

Al Jouf Cement reports 2Q profit

Saudi cement producer Al Jouf Cement posted sales of SAR46.2m (US$12.3m) in 2Q19, representing a 70 per cent rise when compared with 2Q18 when sales reached SAR27.2m, according ...

FLSmidth sees 16% increase in revenue for 2Q19

FLSmidth sees 16% increase in revenue for 2Q19

FLSmidth’s order intake for the second quarter of 2019 reached DKK4.95bn (US$751.5m), a modest decrease of two per cent YoY. Orders included a large cement plant in Morocco and ...

Yura records 43% decline in 2Q19 profit

Yura records 43% decline in 2Q19 profit

Peru’s Cementos Yura (Gloria Group) has reported a 43 per cent YoY fall in profit to PEN56.5m (US$16.67m) for the second quarter of 2019. Cement sales were down 0.3 per cent to ...

Dangote Cameroon sees 7% sales drop

Dangote Cameroon sees 7% sales drop

Dangote Cameroon has posted a 7.1 per cent drop in sales in the 1H19 when compared with the 1H18. "Our 1.5Mta clinker mill in Douala sold about 0.6Mt of cement in the first half...