Misr Beni Suef and Alexandria Cement report improved results in 2018
Egypt-based cement companies Misr Beni Suef Cement and Alexandria Cement have posted improved results in 2018. Misr Beni Suef Cement posted net profits of EGP241.491m (US$13.8m)...
Business Results
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EAPC sees 6M loss widen in 2018
Kenyan cement producer East African Portland Cement reported a KES1.2bn (US$12m) loss for the half-year ending 31 December 2018, compared with a KES970m loss in the prior-year p...
Holcim Philippines reports 5% fall in net profit
Holcim Philippines has reported a five per cent fall in 2018 net profit to PHP2.55bn (US$49.3m), compared with PHP2.69bn of the previous year. However, the company also noted a ...
Dandot Cement declares loss of PKR177.51m in 1HFY18-19
Dandot Cement Company Ltd (DCCL) has announced its financial results for the half-year ended 31 December 2018. It declared a loss of PKR177.51m (US$1.27m), as compared to loss o...
Argentine hyperinflation costs Cementos Molins EUR11m
Spain-based cement producer Cementos Molins saw a negative effect of EUR11m (US$12.5m) in its business results in 2018 due to the hyperinflation and the devaluation of Argentina...
CRH sees 31% hike in group net profit in 2018
CRH reported a six per cent increase in sales revenues to EUR26.79bn in 2018 from EUR25.22bn in 2017. The company’s EBITDA advanced seven per cent to EUR3.365bn in 2018 when com...
Dangote Cement reports rise in group revenue for 2018
Nigeria’s Dangote Cement announced a 11.9 per cent YoY rise in group revenue to NGN901.2bn (US$2.48bn) from NGN805.6bn for the full-year 2018 period. The results were driven by ...
PPC
Subdued construction activity in South Africa is being blamed for a fall in sales by PPC in the nine months to December 2018. The company posted a decline in cement volumes of 2...
Cementos Argos
Unfavourable weather has been blamed for a three per cent fall in cement volumes by Cementos Argos in 4Q18. Consolidated cement volumes came in at 3.904Mt during the three-month...
Pioneer Cement and DG Khan Cement report profit falls in 1HFY19
Two more leading cement companies of Pakistan announced their financial results for 1HFY19 (July-December 2018) to the Pakistan Stock Exchange (PSX). DG Khan Cement Co Ltd (DGKC...