Caribbean Cement reports 237% increase in net profit
Jamaica’s Caribbean Cement Co Ltd has announced a two per cent YoY revenue increase to JMD4.45bn (US$33.35m) for the first quarter of 2019. However, its net profit surged 237 pe...
Business Results
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Saudi Cement Co sees 7% decline in 1Q net profit
Saudi Cement Co reported a 6.9 per cent YoY fall in its net profit in the 1Q19. After taxes and zakat, net profit reached SAR132.4m (US$35.3m), down from SAR142.2m in the 1Q18, ...
Pacasmayo sees net profit edge up in the 1Q19
Peru-based Cementos Pacasmayo SAA reported a rise in sales volumes of cement, concrete and precast of 5.4 per cent YoY in the 1Q19 on the back of higher cement sales to the publ...
Kohat Cement records 18% sales increase
Pakistan’s Kohat Cement Company Ltd (KCCL) has announced a 5.4 per cent YoY fall in profit after tax for the nine months ended 31 March, decreasing to PKR2.17bn (US$15.3m) from ...
Pioneer Cement announces 28% fall in net profit
Pakistan’s Pioneer Cement Limited (PCL) has announced a 28.1 per cent YoY decrease in net profit to PKR825m (US$5.82m) for the nine months ended 31 March, compared to PKR1.14bn ...
Dangote Cement sees volumes rise, revenues down in 1Q19
Dangote Cement reported increased volumes of 6.3Mt, up 2.3 per cent YoY, in the first quarter of 2019. However, group revenues slipped 0.8 per cent to NGN240.2bn (US$668m) and g...
Dewan Cement reports 60% fall in net profit
Pakistan’s Dewan Cement Ltd (DCL) has announced its financial results for the third quarter ended 31 March, reporting a 59.6 per cent YoY decline in net profit to PKR394m (US$2....
Lucky Cement reports strong export sales in 9MFY18-19
Pakistan’s Lucky Cement Ltd has reported a PAT of PKR8.29bn (US$58.53m) during the nine-month period ended 31 March, a 15.4 per cent fall compared to PKR9.80bn of last year. The...
Anhui Conch 1Q net profit sees 27% hike
Chinese cement major Anhui Conch Cement Co posted a 27.3 per cent YoY increase in net profits in the first quarter of 2019 following strong growth last year. Conch Cement said i...
Cemex results supported by Europe in the 1Q19
Cemex has announced that its consolidated net sales increased by one per cent on a like-for-like basis to US$3.2bn during the first quarter of 2019, after adjusting for foreign ...