Business Results

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Vicat's net underlying 2018 profits 12% ahead

Vicat's net underlying 2018 profits 12% ahead

Vicat's turnover edged ahead by 0.7 per cent in 2018 to EUR2582m and EBITDA eased by 2.2 per cent to EUR435m, while at unchanged exchange rates and other parameters the changes ...

Gulf Cement Co sees fall in profit in 2018

Gulf Cement Co sees fall in profit in 2018

UAE-based Gulf Cement Co reported revenues of AED475.707m (US$129.5m) in 2018, according to the company’s preliminary results. This represents an 18.4 per cent drop from AED583....

Ambuja sees 188% 4Q net profit surge

Ambuja sees 188% 4Q net profit surge

Ambuja Cements' sales rose 6.7 per cent to 13.63Mt in the quarter ended 31 December 2018 from 12.78Mt in 4Q17. This resulted in a total income of INR68.552bn (US$959.7m) in the ...

Saurashtra Cement reports net loss of INR6.7m

Saurashtra Cement reports net loss of INR6.7m

Indian cement producer Saurashtra Cement saw its net profit fall to INR6.7m (US$93,790) in the quarter ended December 2018 when compared with INR33.2m in the year-ago period. Sa...

Cementos Mélon reports profit up 9% in 2018

Cementos Mélon reports profit up 9% in 2018

Cementos Mélon saw an 8.9 per cent increase in profits to CLP9.067bn (US$13.7m) in 2018 but EBITDA fell 2.9 per cent to CLP28.572bn. The fall was attributed to lower sales of ce...

Cementos Pacasmayo revenues sees 5% rise in 4Q18

Cementos Pacasmayo revenues sees 5% rise in 4Q18

Peru-based Cementos Pacasmayo reported a rise of 4.6 per cent in revenues to PEN340.7m (US$102.3m) in the fourth quarter of 2018 with sales volumes of cement, concrete and preca...