Unacem reports 38% rise in 3Q net profit
Peruvian cement producer Unacem has reported revenues of PEN497.9m (US$147.7m) in the 3Q18, down 0.8 per cent from PEN501.8m in the 3Q17. Gross profit remained largely stable at...
Business Results
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Yanbu Cement 3Q profit slips
Yanbu Cement posted 3Q revenues of SAR153m (US$40.8m), down 11.6 per cent YoY when compared with SAR173m reported in 3Q17. The Saudi cement producer’s net profit (after zakat an...
Southern Province Cement's net profits fall to SAR3.5m in 3Q18
Southern Province Cement (SPC) reported a net profit of SAR5.3m (US$1.41m) in 3Q18, down 65 per cent QoQ and down 91 per cent YoY. "...with the current economic situation, low c...
Flying Cement 1QFY19 profits rise by 43%
Pakistan's Flying Cement Co Ltd (FCCL) announced its financial results for the 1QFY19 on 30 October. It posted an increase in profit to PKR3.02m (US$22,682),
Caribbean Cement's debt repayments hurt 3Q18 results
Caribbean Cement has blamed finance costs linked to debt owed to Cemex as well as volatile currency movements for its lower profits in 3Q18. The company's 3Q18 sales amounted to...
PT Indocement
In the opening nine months of 2018, Indocement has seen its sales volume advance by up to six per cent YoY to more than 13Mt. This compares to domestic cement demand growth in I...
Dangote Cement
Dangote Cement saw its cement sales volume improve 7.6 per cent YoY to 17.8Mt in 9M18. Over the same period, group revenue advanced by 13.5 per cent to NGN685.29bn (US$1.88bn), ...
UltraTech
Shares in UltraTech Cement hit a 52-week low in late October following the announcement that the company has seen its consolidated net profit fall by 11 per cent YoY in 2QFY19. ...
Cementos Pacasmayo net income drops 14% in 3Q18
Cementos Pacasmayo saw its revenues fall by 4.4 per cent to PEN318.8m (US$95.2m) in 3Q18, mainly due to change in mix of products sold and to a slight decrease in prices. It als...