Steppe Cement sees revenue up 32% in 2018
Steppe Cement Ltd reported 2018 revenue of KZT28.34bn (US$75.4m), up 32 per cent YoY. The Kazakhstan cement producer had cement volumes of 1.7Mt, a rise of six per cent while th...
Business Results
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VICEM targets further growth in 2019
Vietnam Cement industry Corp (VICEM) has reported a 10 per cent YoY increase in revenue to VND37trn (US$1.59bn) for 2018. The company also saw an 11 per cent rise in pretax prof...
Semen Baturaja records 24% sales increase
Indonesia’s PT Semen Baturaja (SMBR) has recorded a 24 per cent YoY increase in sales to 2.17Mt in 2018, compared to 1.76Mt of the previous year. Jobi Triananda Hasjim, company ...
Rostsement reports RUB20,000 net profit for 2018
Rostsement saw its revenues increase by 25.6 per cent to RUB49.79m (US$738,982) in 2017 when compared with 2016, when the company reported revenues of RUB39.63m. The Russia-base...
LafargeHolcim
The 39.9 per cent-owned LafargeHolcim associate Huaxin Cement is investing US$245m in a contract to build a new production line for Holcim Philippines at the latter’s Davao work...
CCNN reports 43% revenue increase for 9M18
Nigeria’s CCNN has reported a 43.2 per cent YoY increase in revenue for the nine months ended 30 September 2018, rising to NGN19.57bn (US$53.9m) from NGN13.63bn in the year-ago ...
MI Cement sees 33% revenue rise in FY17-18
Bangladesh's MI Cement Factory reported a 33 per cent rise in revenue in FY17-18, compared to the previous financial year, supported by new capacity and market expansion. The co...
Bamburi Cement issues profit warning for 2018
Kenya’s Bamburi Cement has issued a profit warning for the financial year ended December 2018, with investors expecting the company's lowest earnings in 10 years, according to B...
Titan
Titan's turnover declined by 1.8 per cent to EUR1101.9m in the first nine months of 2018 and EBITDA were down by 8.2 per cent to EUR196.9m, while in the third quarter EBITDA wer...
Cementir
Cementir's turnover for the first nine months of 2018 rose by 4.8 per cent to a re-stated EUR893.18m (US$1019.5m) thanks to the full consolidation of Lehigh White Cement from th...