Cement News tagged under: business results
Vicem sees 3% rise in cement and clinker sales10 January 2018, Published under Cement NewsState-owned Vietnam Cement Industry Corp (Vicem) reported sales of 26.6Mt of cement and clinker in 2017, representing a YoY increase of three per cent. Of the total, 23.6Mt were delivered to the domestic market, up four per cent YoY and a further 3Mt were exported. However, the company saw a five per cent fall in revenues to VND34.16tn when compared with the previous year. The cement producer’s profit increased seven per cent to VND2.85tn. The company contributed VND1.62tn to the stat... |
Universal Cement Corp sees 14% revenue drop in December10 January 2018, Published under Cement NewsUniversal Cement Corp, Taiwan, has reported a 13.8 per cent YoY fall in December revenues to TWD399.796m (US$13.5m ) from TWD463.842m in December 2016, according to the Taiwan Stock Exchange. For the full year, revenues declined 4.7 per cent from TWD4.622bn in 2016 to TWD4.405bn in 2017. |
Hsing Ta Cement reports 24% revenue rise in 201709 January 2018, Published under Cement NewsTaiwan-based Hsing Ta Cement has reported a 13.1 per cent rise in December revenues to TWD581.701m (US$19.64m) from TWD514.449m, according to the Taiwan Stock Exchange. For the full year, revenues increased 23.7 per cent from TWD4.346bn in 2016 to TWD5.376bn in 2017. |
LafargeHolcim03 January 2018, Published under Cement NewsThe 39.9 per cent-owned LafargeHolcim associate Huaxin Cement is investing in a US$140Mta cement works that it is building in Nepal. Lafarge Malaysia’s turnover came down by some 13 per cent to US$409.5m in the first nine months of 2017, while a net loss of US$33.1m was incurred, compared with a US$10.5m profit for the same period last year. The company lost money in each of the quarters of this year and a return to profit is not expected until the middle of next year. LafargeHolcim A... |
Uzbekistan’s Kuvasaycement sees 3% revenue increase18 December 2017, Published under Cement NewsKuvaysaycement JSC saw its revenues increase by 3.4 per cent in the first nine months of 2017 to UZS236.7bn. However, the company saw its cost of production increase by 7.5 per ent to UZS93.5bn during the period. EBITDA fell by 34.1 per cent to UZS81bn. Kuvaysaycement produces sulphate-resistant Portland cement SSPTS 400 D20, Portland cement with mineral additive PC 400 D20 as well as Portland cement for the production of asbestos cement products. |
Taiwan's Hsing Ta reports revenues up 53% in November08 December 2017, Published under Cement NewsHsing Ta Cement Co Ltd reported a 52.6 per cent rise in revenues to TWD673.172m in November 2017 from TWD441.025m in the year-ago period. For the first 11 months of 2017, the company’s revenues increased 41.8 per cent YoY from TWD3.832bn to TWD4.794bn. |
Cementir04 December 2017, Published under Cement NewsCementir's turnover for the first nine months of 2016 rose by 31.6 per cent to EUR963.8m thanks to the Belgian acquisition and good Nordic performance, while Italy and Turkey contributed less. EBITDA rose by 28.3 per cent to EUR152.1m but by just 0.6 per cent on a comparative basis. The trading profit was ahead by 34.1 per cent to EUR78.3m. After a net financial charge of EUR14.9m compared with EUR14.4m, the pretax profit rose by 40.1 per cent to EUR66.9m. Net debt at the end of September wa... |
Vicat04 December 2017, Published under Cement NewsVicat's turnover for the first nine months of the year improved by 2.9 per cent to EUR1921m, which represents an underlying improvement of four per cent. The gearing level was reduced from 40 per cent at the end of September last year to 38.1 per cent this time. Turnover in cement was 1.7 per cent lower at EUR1120m, which represented 51.1 per cent of the group total. Cement deliveries improved by 1.6 per cent to 16.91Mt. The aggregates and concrete turnover improved by eight per cent to E... |
Cimpor04 December 2017, Published under Cement NewsSince ceasing to be a public company, Cimpor appears no longer to publish quarterly results, originally scheduled for the 28 November. |
Votorantim04 December 2017, Published under Cement NewsVotorantim generated a turnover 1.3 per cent ahead at BRL26,411m (EUR6642m), but EBITDA declined by 4.4 per cent to BRL4124m (EUR1068m) while the net loss was 7.8 per cent higher at BRL1348m (EUR349m). Group capital expenditure was 5.3 per cent lower at BRL2871m (EUR744m). Votorantim Metais was renamed Nexa Resources and was floated on the New York and Toronto stock exchanges with a 36 per cent free float. Votorantim Cimentos sold its interests in China and in Florida during the third qua... |