Cementos Argos
In 2018 Cementos Argos shipped 16Mt of cement and 10.3Mm 3 of concrete. This generated net income of COP291bn (US$93m) and EBITDA of COP1.54trn. The company ended the year with ...
Business Results
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PPC
S&P Global Ratings has downgraded PPC to one notch above non-investment grade due to the poor performance of its South Africa business. Weaker-than-expected profitability in the...
PT Semen Indonesia
In February 2019 Semen Indonesia sold a total of 3,095,309t of cement and clinker. This compares to 2,495,779t in the previous month. Semen Indonesia contributed 2,156,914t to t...
PT Indocement
PT Indocement has booked domestic cement sales of 18.1Mt in 2018, up by 5.7 per cent YoY. Domestic cement demand in Indonesia increased by just 4.8 per cent last year, thereby r...
Anhui Conch
Anhui Conch saw its revenue advance by 70.5 per cent YoY in 2018 to CNY128.4bn (US$19.1bn), in accordance with International Financial Reporting Standards. Net profit attributab...
Dangote Cement
Despite heavy rains and uncertainties surrounding the Nigerian general election in February this year, Dangote Cement has reported a record financial performance for 2018, drive...
China National Building Materials (CNBM)
China National Building Materials (CNBM) has reported consolidated operating revenue of CNY218bn (US$32.39bn) in 2018, up 18.9 per cent YoY. Profit for the year came in at CNY14...
Buzzi Unicem reports EBITDA rose by nearly 14% in 2018
Buzzi Unicem released its consolidated financial statement for 2018, reporting that EBITDA rose by 13.6 per cent in 2018 to EUR577m, up by EUR69m on 2017. Net debt increased to ...
ACC Ltd's cement sales rise to 28.37Mt in 2018
At ACC Ltd's (LafargeHolcim group) 83rd Annual General Meeting, Neeraj Akhoury, managing director and CEO, said the company's cement sales had increased eight per cent to 28.37M...
Arabian Cement posts 24% revenue increase in 2018
Egypt-based Arabian Cement Co, a subsidiary of Spain’s Grupo Bertolin, posted a 23.6 per cent YoY increase in revenue to EUR168m in 2018. Meanwhile, net profit also advanced 7.4...