Taiheiyo Cement records 32% net profit increase in 1QFY18-19
Taiheiyo Cement has announced a 5.9 per cent YoY increase in revenue to JPY211.34bn (US$1.9bn) in the first quarter of FY18-19 ended 30 June, compared with JPY199.61bn of the ye...
Business Results
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Tabuk Cement turns to losses in 2Q18
Saudi Arabia’s Tabuk Cement Co has reported net losses of SAR36.08m (US$9.6m) in the 2Q18, against profits of SAR1.29m in the equivalent period of the previous year.
Umm Al Qura Cement records 98% profit decline
Saudi Arabia-based Umm Al Qura Cement Co (UACC) has seen its profit drop 97.6 per cent YoY in the second quarter of 2018, falling to SAR199,600 (US$53,226) from SAR8.4m. The sig...
FLSmidth reports 13% order increase in 2Q18
FLSmidth has released its interim 2Q18 report and reported a 13 per cent order increase to DKK5.056bn (US$787.86m) for the period, driven by over 100 per cent growth in the mine...
Vicat sees strong growth in net profit
Vicat's 1H18 turnover improved by 2.7 per cent to EUR1281m, or by 9.6 per cent on a comparative basis. EBITDA advanced by 4.5 per cent to EUR197m, or by 12.3 per cent on a compa...
Sumitomo Osaka Cement records 10% revenue increase in 1QFY18-19
Japan’s Sumitomo Osaka Cement Co recorded a 10 per cent YoY revenue increase in the first quarter of the FY18-19 period, rising to JPY60.19bn (US$540.56m) from JPY57.35bn. Howev...
Eastern Cement records 46% fall in 2Q18 profit
Saudi Arabia’s Eastern Province Cement Co has recorded a 45.7 per cent YoY decline in net profit for the 2Q18, falling to SAR19m (US$5.06m) from SAR35m. Sales dropped 4.4 per ce...
Eagle Materials sees record revenues
Eagle Materials Inc saw its 1QFY18-19 revenues hit record levels at US$393.8m, up eight per cent YoY. Net earnings rose 12 per cent from US$54.882m in 1QFY17-18 to US$66.339m in...
Mangalam Cement reports net loss of INR153.2m
India-based cement producer Mangalam Cement has reported a standalone net loss of INR153.2m for the quarter ended June 2018, compared with a net profit of INR121.1m in the quart...
HeidelbergCement sees positive 2H18
This week HeidelbergCement reported on its 2Q18 results , which saw healthy growth in all business areas. Cement and clinker sales were up 3.5 per cent to 33.7Mt while aggregate...