Business Results

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Cemex's net sales rise by 7% in 2Q18

Cemex's net sales rise by 7% in 2Q18

Cemex's net sales increased by seven per cent during the 2Q18 to US$3.8bn versus 2Q17. Operating EBITDA increaed by four per cent during 2Q18 to US$714m versus 2Q17. Cemex's CEO...

Siam Cement's 2Q18 profits down 6%

Siam Cement's 2Q18 profits down 6%

Siam Cement posted a six per cent drop in second-quarter profit on Wednesday, hurt by weak seasonal cement demand and its chemical business. Revenue from the cement and building...

Ambuja reports 27% rise in standalone net profit

Ambuja reports 27% rise in standalone net profit

India’s Ambuja Cement has reported a 27.3 per cent YoY increase in standalone net profit for the quarter ended 30 June, rising to INR4.99bn (US$72.62m) from INR3.92bn. Net sales...

Dangote Cement

Dangote Cement has reported a “very strong” first half of 2018, driven by an excellent recovery in Nigeria where sales volumes increased by nearly 14 per cent YoY to 7.8Mt and r...

Semen Indonesia

June saw Semen Indonesia sell 1,571,763t of cement, down 13.7 per cent YoY, according to figures from the Indonesia Cement Association. Its Vietnamese subsidiary, Than Long Ceme...

Anhui Conch

The increase is being mainly attributed to a significant rise in the selling price of the company’s products along with a YoY uptick in revenue over the same period. The group’s...

UltraTech Cement

In the quarter ended 30 June 2018, UltraTech Cement saw its net sales advance to INR88.41bn (US$1286m), up 27 per cent on the corresponding quarter a year earlier. Profit before...

GCC 1H18 sales rise by 11.4%

GCC 1H18 sales rise by 11.4%

Grupo Cementos de Chihuahua (GCC) reports that its 1H18 sales increased 11.4 per cent to US398.8m, generating US$115m in EBITDA, up 22 per cent YoY. However, the company's net r...