Dangote Cement
The first quarter of 2019 saw Dangote Cement report a 2.3 per cent YoY increase in volumes to 6.3Mt. Over the same period, however, group revenue declined by 0.8 per cent to NGN...
Business Results
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Anhui Conch
Anhui Conch’s revenue increased by 62.5 per cent YoY to CNY30.5bn (US$4.4bn) in the opening quarter of 2019. Net profit over the same period advanced by 27.2 per cent from CNY4....
PT Indocement
PT Indocement’s revenue increased by 8.5 per cent YoY to IDR3732bn (US$257m) in the opening quarter of 2019. EBITDA over the same period advanced by 25.9 per cent from IDR560.1b...
India’s return to stability Premium
While India’s cement consumption saw a strong double-digit advance in 2018, such rates are unlikely to be sustainable and expectations are that consumption growth will moderate ...
Cementarnica Usje records 47% rise in net profit for 1Q19
North Macedonia’s Cementarnica Usje (Titan) has announced that its consolidated net profit rose 47 per cent YoY to MKD138.8m (US$2.5m) in the first quarter of 2019. Total operat...
Asia Cement Corp announces 54% rise in net income
Taiwan’s Asia Cement Corp saw a 54.4 per cent surge in net income for the first quarter of 2019 at TWD2.93bn (US$93.6m). Analysts has claimed that the results were mainly due to...
Shree Cement sees 14% revenue increase and plans new capacity
India’s Shree Cement has announced a 19.6 per cent YoY fall in net profit to INR3.21bn (US$46.18m) for the 4QFY18-19. However, revenue increased 14.2 per cent to INR33.29bn from...
JK Cement sees 55% rise in 4Q net profit
India-based JK Cement reported a 55 per cent rise in net profit to INR1.5bn (US$21.5m) for the fourth quarter ended March 2019 when compared with INR960m in the 4QFY17-18. The c...
Burnpur Cement posts net loss of INR31.2m in 4QFY18-19
Indian cement producer Burnpur Cement has reported a net loss of INR31.2m (US$448,725) in the fourth quarter of FY18-19. This compares to a net loss of INR39.5m posted in the pr...
South Valley Cement profit down 54% in 2018
Egypt-based South Valley Cement Co posted a profit of EGP10.18m (US$597,032) in 2018, representing a 54 per cent YoY dropwhen compared with EGP22.14m reported in 2017, according...