Business Results

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Qassim Cement Q218 sees 65% profit fall

Qassim Cement Q218 sees 65% profit fall

Saudi cement producer Qassim Cement reported a 65.4 per cent fall in net profit to SAR18.4m in the second quarter of 2018, when compared with a net profit of SAR53.2m in 2Q17. S...

Najran Cement losses surge to 651% in 2Q18

Najran Cement losses surge to 651% in 2Q18

Saudi Arabia’s Najran Cement’s losses reached SAR-31.73m (US$-8.46m) in the second quarter of 2018, representing an increase of SAR4.2m when compared with the 2Q17, according to...

SCG Vietnam reports 20% revenue increase in 1H18

SCG Vietnam reports 20% revenue increase in 1H18

Siam Cement Group (SCG) Vietnam has announced a 20 per cent surge in revenue to VND14.53trn (US$631.74m) in the first half of the year. The 2Q18 saw the company record a 28 per ...

Titan looks for a stronger 2H18 performance

Titan looks for a stronger 2H18 performance

This week, Titan Cement Group announced its 1H18 results , which were hit by the strengthening euro against foreign currencies. Turnover fell by 7.9 per cent YoY to EUR712.5m in...

LafargeHolcim's 2Q18 revenues rise by 6.2%

LafargeHolcim's 2Q18 revenues rise by 6.2%

LafargeHolcim's revenue grew 6.2 per cent in the 2Q18, with total net sales of CHF7442m (US$7468m). For the first six months net sales grew 4.8 per cent on a like-for-like basis...