Falcon Cement's 2017 revenue up 56%
Bahrain's Falcon Cement Company (FCC) has reported that its total income for 2017 rose to US$45.6m, while its net profit hit US$8.2m. "Despite challenging market conditions and ...
Business Results
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ACC announces 11% YoY revenue increase in 2Q18
India’s ACC Ltd has announced an 11 per cent YoY rise in revenue to INR38.48bn (US$557.85m) in the 2Q18, while EBITDA advanced 10 per cent to INR5.4bn. Profit remained largely f...
Qatar Cement records 6% profit decline in 2Q18
Qatar National Cement recorded a six per cent YoY fall in net profit to QAR78.26m (US$21.5m) in the 2Q18, compared with QAR83.25m of the year-ago period. In the 1H18 period the ...
Anhui Conch reports positive profit expectations
The Board of Anhui Conch has announced it expects to record a YoY increase of CNY5373-6717m (US$788.3-985.4m) in its net profit attributable to equity holders for the six months...
Dangote Cement 1H18 revenues of NGN482.4bn
Dangote Cement Group reported 1H18 unaudited revenues of NGN482.4bn (US$1.33bn), up 16.9 per cent and group EBITDA up 20.8 per cent at NGN246bn.
Cementos Pacasmayo sees 10% rise in 2Q18 net income
Peru’s Cementos Pacasmayo saw its revenues rise 2.3 per cent YoY to PEN287.5m (US$87.8m) in 2Q18 as sales volumes of cement, concrete and precasts advanced 1.9 per cent YoY to 0...
UltraTech's 2Q18 sales rise by 27%
UltraTech Cement Ltd's unaudited financial results for the quarter ended 30 June 2018 reported net sales of INR88.4bn (US$1.28bn), up 27 per cent from INR69.3bn of the previous ...
Vicem reports 10% sales increase in 1H18
Vietnam’s Vicem has reported a 10.1 per cent YoY increase in cement and clinker sales for 1H18, with the total 14.7Mt including 11.74Mt of exports.
Raysut Cement 1H18 profit falls
Raysut Cement Co reported a 14.4 per cent increase in revenues in the first half of 2018. Revenues advanced to OMR42.8m (US$111.3m) from OMR37.4m in 1H17. However, the Omani cem...
Chinese producers expect significant rise in 1H18 net profit
China’s Huaxin Cement has announced that it expects 1H18 net profit to rise 179-192 per cent YoY, compared to CNY728m (US$109.94m) of the year-ago period, according to Reuters. ...