Business Results

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Saudi cement production falls 7% in April

Saudi cement production falls 7% in April

The total production of Saudi cement companies fell 7.4 per cent YoY in April 2018, declining to 4.2Mt from 4.54Mt. Furthermore, sales in the country dropped 9.5 per cent YoY in...

Hsing Ta reports 13% rise in April revenues

Hsing Ta reports 13% rise in April revenues

Taiwan’s Hsing Ta Cement announced a 13.2 per cent increase in revenues to TWD545,209,000 in April 2018 from TWD481,754,000t in April 2017, according to information from the Tai...

Loma Negra reports 1Q YoY results growth

Loma Negra reports 1Q YoY results growth

Argentina-based producer Loma Negra reported a 41.6 per cent rise in net revenues in the first quarter of 2018 to ARS4534m (US$230m) as the company’s combined cement, masonry an...

Fauji Cement 9M net profits total PKR2.12bn

Fauji Cement 9M net profits total PKR2.12bn

According to Board of Directors report of Fauji Cement Co Ltd (FCCL), during the nine-month period ended 31 March 2018, it earned a net profit of PKR2.12bn (US$18.36m) as compar...

Holcim Philippines' net income drops in 1Q18

Holcim Philippines' net income drops in 1Q18

Holcim Philippines Inc (LafageHoclim group) said net income in the first three months of the year dropped 25 per cent due to higher energy costs and lower cement prices.