RAK Cements profit falls to AED13m
Ras Al Khaimah Co for White Cement and Construction Materials has posted a 57 per cent drop in net profit to AED13m (US$3.5m) in 2018. The company’s revenues fell from AED767.92...
Business Results
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Saudi cement sales fall 9% in January
Cement sales in Saudi Arabia declined by nine per cent in January 2019 when compared with sales in the previous year. Sales volumes of companies listed on the Tadawul fell 9.3 p...
Martin Marietta Materials achieves record volumes and profits
US-based Martin Marietta Materials saw turnover advance by seven per cent in 2018 to US$4244.3m. EBITDA was 8.6 per cent ahead at US$1103.8m, but the final quarter showed a 5.9 ...
QNCC meets demand after commissioning new plant
Qatar National Cement Co (QNCC) has succeeded in meeting demand levels in the country following the company’s 5000tpd Plant 5 entering operation, according to Salem bin Butti al...
JK Lakshmi Cement reports 72% profit growth
India's JK Lakshmi Cement has recorded a 71.7 per cent increase in standalone net profit to INR147.5m (US$2.07m) for the third quarter ended 31 December, compared with INR85.9m ...
Orient Cement reports INR137m loss in 3QFY18-19
Orient Cement has reported its financial results for the third quarter of the FY18-19, ended 31 December 2018. Total income rose by 11.9 per cent to INR5.748bn (US$80.7m) in the...
Fujairah sees stable revenues but profit slip in 2018
Fujairah Cement Industries reported largely stable revenues in 2018 at AED614.559m (US$167.3m) when compared with AED620.825m in 2017. Net operating profits were down 18 per cen...
Cemex profits benefit from a lower minorities charge
Cemex' turnover improved by 1.7 per cent in 2018 to US$148,374.6m, while EBITDA eased by 0.6 per cent to US$1557.9m and trading profit fell by 6.9 per cent to US$1420.9m. Howeve...
Cemex Latam net sales fall 7% in 4Q18
Cemex LatAm Holdings (CLH) announced consolidated net sales of US$260m in 4Q18, a fall of seven per cent on the US$278m achieved in 4Q17. Operating EBITDA reached US$39m during ...
Buzzi Unicem's cement volumes rise 4.3% in FY18
Buzzi Unicem's financial year 2018 results saw cement volumes at 27.9Mt, up 4.3 per cent from 26.8Mt in FY17. Ready-mix concrete volumes reached 11.8Mm 3 , down 3.6 per cent fro...