Gulf Cement 9M profit down
UAE-based Gulf Cement reported a 9.3 per cent fall in revenues in the 9M18 to AED371.7m (US$101.2m) from AED409.8m in the year-ago period. Net profit fell 95 per cent from AED33...
Business Results
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Fujairah Cement Industries (FCI) sees fall in profit
Fujairah Cement Industries (FCI) saw its third-quarter profits fall by 95 per cent to AED0.3m (US$ 81,688) in the 3Q18, a sharp drop from AED6.2m reported in the year-ago period...
Titan is looking to move its main quote to Brussels and the management to Cyprus
In the first nine months of 2018,Titan's turnover declined by 1.8 per cent to EUR1101.9m and EBITDA was down by 8.2 per cent to EUR196.9m, while in the third quarter EBITDA was ...
Eagle Cement sees 6% rise in 9M net profit
Eagle Cement Corp reported in the 9M18 net sales of PHP12.2bn (US$229.2m), up nine per cent YoY from PHP11.2bn in the 9M17. Strong sales and stable prices supported the rise in ...
India Cements reports 94% YoY drop in net profit
India Cements posted a net profit of INR14.3m for the 2QFY18-19, ended 30 September 2018. This represents a 94 per cent fall when compared with a net profit of INR23.67m in the ...
Cementir benefits from the consolidation of US activities
Cementir's turnover for the first nine months of 2018 rose by 4.8 per cent to a restated EUR893.18m thanks to the full consolidation of Lehigh White Cement from the second quart...
Loma Negra reports 47% 3Q revenue growth
Argentina-based Loma Negra has posted a net revenue of ARS6.131m (US$192m), up 47.2 per cent YoY in the third quarter of 2018. The company has attributed the increase to growth ...
Taiwan Cement Corp sees 40% revenue hike in October
Taiwan Cement Corp reported a 40.1 per cent surge in revenues in October to TWD11.753bn (US$381.9m) from TWD8.388bn in October 2017. Revenues advanced by 31.1 per cent to TWD101...
Lucky Cement sees 16% YoY rise in October revenues
Taiwan-based Lucky Cement posted a 15.6 per cent YoY increase in revenues to TWD300.24m (US$9.6m) in October 2018 from TWD259.826m in the year-ago period. Revenues fell by 3.2 p...
Hsing Ta Cement posts 32% rise in 10M revenues
Taiwan’s Hsing Ta Cement reported a 93.3 per cent YoY increase in revenues to TWD729.87m (US$23.7m) in October 2018 from TWD377.596m in the year-ago period. For the first 10 mon...