Mangalam Cement records 8% sales increase in FY18
India’s Mangalam Cement Ltd has reported a one per cent YoY increase in net sales for the quarter ending 31 March 2018, rising to INR3.102bn (US$45.76m) from INR3.072bn. Net pro...
Business Results
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JK Cement doubles net profit to INR964.5m
JK Cement's net profit more than doubled to INR964.5m (US$14.2m) for the fourth quarter ended March 2018. The company had posted a net profit of INR425.7m in the same quarter of...
CMS sees 51% rise in profit
Malaysia-based Cahya Mata Sarawak Bhd (CMS) has reported a 15.4 per cent rise in unaudited revenues to MYR354.987m (US$89.7m) in the quarter ended 31 March 2018 from MYR307.679m...
Cementarnica Usje net profit falls in 1Q18
Macedonian cement producer Cementarnica Usje has reported a 14 per cent YoY fall in non-consolidated net profit to MKD94.9m (US$1.8m) in the 1Q18, the company said in an interim...
Gulf Cement sees 1Q loss
Gulf Cement has incurred losses if AED2.9m (US$789,653) in the 1Q18, according to a bourse statement. In the equivalent period of 2017, the company reported a AED8.1m profit. Th...
Argos consolidated EBITDA jumps 31% in 1Q18
Argos has announced revenues of COP1.9trn (US$670m) and a net profit of COP54.bn in the first three months of 2018. EBITDA increased 31 per cent YoY to COP371bn. However, cement...
Mixed results for Egyptian producers
Egypt’s Alexandria Cement has announced a further consolidated net loss in the first quarter of 2018, which widened 17.1 per cent YoY to EGP34.78m. Furthermore, the company reco...
Chia Hsin Cement records net profit
Taiwan's Chia Hsin Cement Corp has reported a 21.3 per cent YoY drop in revenue for the first quarter of 2018, falling to TWD471.26m (US$15.8m) from TWD598.48m. However, the com...
Buzzi Unicem hit by poor weather and early Holy Week
Buzzi Unicem's first-quarter turnover declined by 8.4 per cent to EUR539.1m as a harsh winter took its toll in many countries. Net debt at the end of March was 3.9 per cent high...
Cementir suffers 1Q18 weather effects
Cementir's first-quarter turnover declined by 13.4 per cent to EUR242.3m, while adjusting for the Italian operations disposed of, the reduction was a more modest 1.6 per cent. E...