CIMAF sees 42% rise in cement sales in 1H18
CIMAF reported a 42 per cent rise in cement sales to 184,723t in Gabon during the first half of 2018, according to the Economic and Fiscal Policy unit of Gabon’s Economics Minis...
Business Results
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Gharibwal Cement records 34% fall in net profit
Pakistan’s Gharibwal Cement Ltd has announced a 33.9 per cent YoY drop in net profit for the FY18 ended 30 June, falling to PKR1.509bn (US$12.2m) from PKR2.283bn. Despite this, ...
Votorantim
Votorantim Cimentos saw its first-half turnover improve by 14.9 per cent to BRL5738m (EUR1177m/US$1428m), while the cement sales advanced by 18 per cent to BRL4191m (EUR890m). T...
LafargeHolcim
LafargeHolcim’s Kenyan subsidiary Bamburi Cement has announced a first-half turnover of KES18,556m (EUR151.08m), an easing of 0.2 per cent, while the trading profit fell by 56....
Pakistan cement producers record falling sales
Pakistan’s Fecto Cement Ltd has announced a 42 per cent YoY fall in profit for the FY18 ended 30 June, declining to PKR441m (US$3.56m) from PKR760m. Net sales of the company dec...
Anhui Conch
In the opening six months of 2018, Anhui Conch reported a 43.36 per cent increase YoY in revenue to CNY45,742m (US$6655m), in accordance with International Financial Reporting S...
China National Building Materials (CNBM)
China National Building Materials (CNBM) has reported a 22 per cent YoY increase in revenue in the opening half of 2018. Revenue for the six-month period came in at CNY95,228m (...
La Hien Cement records 20% revenue increase
Vietnam’s La Hien Cement JSC has announced a 20 per cent YoY increase in revenue to VND334.1bn (US$14.31m) for the first half of 2018. Furthermore, profit-after-tax surged 17 pe...
Ciments du Maroc reports 1H turnover down 4%
Ciments du Maroc posted a 1H18 turnover of MAD1.94bn, a 4.2 per cent decrease when compared with the same period in 2016. The sales volume of the company and its subsidiary Indu...
Kohat Cement's full-year profits fall 16%
Kohat Cement Company Ltd (KCCL) has informed the Pakistan Stock Exchange (PSX) on 19 September that its full-year net profit for 2018 was down by 16 per cent to PKR2.98bn (US$24...