PSP Engineering announces 38% sales increase in 2017
PSP Engineering, a major Czech turnkey supplier, has announced a 38 per cent YoY rise in sales to CZK616m (US$28m) in 2017. The company’s profit surged 192.5 per cent to CZK11.7...
Business Results
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Saudi cement sector expected to record revenue decline in 2Q18
Saudi Arabia’s cement sector is expected to record a fall in revenue in the 2Q18, according to Al Rajhi Capital. The companies monitored by Al Rajhi are expected to announce a r...
Votorantim
Votorantim generated a turnover 11.4 per cent higher at BRL2456m (US$639m) during the first quarter of 2018, while EBITDA advanced by 1.9 per cent to BRL1901m (US$495m). At the ...
PPC
In its results for the year ended 31 March 2018, PPC reported a seven per cent increase in revenue to ZAR10,271m (US$750.8m), compared to ZAR9641m in the previous year. Gross pr...
Semen Indonesia
Semen Indonesia is hoping to boost sales across the country by using an e-commerce platform. The move comes as the company announced a 4.5 per cent contraction in domestic sales...
Sephaku Cement reports 25% fall in net profits
Sephaku Cement (Dangote group) reported a 35 per cent slump in net profit to ZAR44m (US$31.7m) on a one per cent decline in revenue to ZAR831m for the year to end-March. "We exp...
Cementir sets out plans in the run-up to 2020
In the company's 2018-20 business plan, Francesco Caltagirone Jr, chairman and CEO of Cementir, vowed to generate more value for shareholders, presenting his vision for the next...
China Shanshui Cement Group posts CNY14.92bn turnover
China Shanshui Cement Group has posted a turnover of CNY14.92bn for FY17. The figure represents a 32.2 per cent advance when compared with FY16, when the company’s turnover reac...
PPC expects profit increase in FY18
South Africa’s PPC expects its net profit attributable to shareholders to increase between 55-65 per cent for the financial year ended 31 March, compared with ZAR93m (US$6.9m) o...
Titan releases its 2017 Annual report
Titan Group has released its 2017 Annual Report online . The report highlights the financial performance of the group that had a turnover of EUR1505.8m, EBITDA of EUR273.4m, pro...