Titan Group's 1H19 results bolstered by USA
Titan Group recorded a turnover of EUR785.4m in 1H19, up 10.2 per cent on 1H18. This was attributed to a strong performance in the US market and growth in cement demand in south...
Business Results
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Vicat sees poorer results in Turkey and Switzerland
Vicat's first-half turnover advanced by 4.6 per cent to EUR1340m but eased by 0.6 per cent on a comparative basis. EBITDA improved by 1.7 per cent to EUR228 while the margin ...
Dalmia Bharat reports 192% increase in net profit
India’s Dalmia Bharat Ltd has reported a 192.3 per cent YoY increase in consolidated net profit for the quarter ending 30 June, rising to INR1.52bn (US$21.82m) from INR520m. EBI...
Saudi Cement producers profits recover in 2Q19
Saudi Cement posted net income of SAR92.3m (US$24.613m) in 2Q19 and profits were up 59 per cent in the period compared to 2Q18, but declined by 30.3 per cent compared to 1Q19. T...
Gulf Cement Co posts net loss in 2Q19
UAE-based Gulf Cement Co has posted an AED598,270 (US$162,905) net loss in the 2Q19, compared to an AED8.4m profit in the year-ago period. Sales costs increased to AED107m from ...
Holcim Philippines sees 28% fall in sales for 2Q19
Holcim Philippines has reported a 17 per cent YoY fall in net attributable profit to PHP716.15m (US$13.98m) for the 2Q19, while sales dropped 28 per cent to PHP7.28bn. In the fi...
Lafargeholcim Bangladesh reports 46% net profit surge
LafargeHolcim Bangladesh has announced a 46 per cent YoY increase in net profit for the second quarter of 2019, according to a recent statement. The company also saw a 15.4 per ...
SCG reports falling revenue in Vietnam
Thailand’s Siam Cement Group (SCG) has seen a seven per cent YoY drop in its revenue from sales in Vietnam to VND7.9trn (US$339m) in the 2Q19, according to Vietnam News. Revenue...
Semen Indonesia
In the six months ending 30 June 2019, Semen Indonesia reported consolidated revenue of IDR16.351trn (US$1166m), compared to IDR13.308trn in the same period a year earlier. Over...
Dangote Cement
In the opening six months of 2019, Dangote sold 12.28Mt of cement, down 0.6 per cent YoY. Over the same period, group revenue came in at NGN467.7bn (US$1.29bn), a fall of three ...