Loma Negra posts 9% drop in 3Q net profit
Loma Negra reported a net sales revenue of ARS180,686m (US$185m) in the third quarter of 2024, down 21.2 per cent YoY due to a 21 per cent drop in sales volumes of the company’s...
Business Results
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FLSmidth reports 31% drop in cement order intake in 3Q24
FLSmidth reported that its cement business in the 3Q24 achieved an adjusted EBITA margin of 10.8 per cent, demonstrating continued strong execution of higher-margin orders as we...
Orient Cement reports 24% drop in 2Q income
Orient Cement Ltd , based in Bhubaneswar, India, and part of Ambuja Cements Ltd , reported a total income of INR5476m in the quarter ended 30 September 2024 (2QFY24-25), down 24...
Hsing Ta Cement sees 47% fall in net profit in 3Q24
Taiwan-based Hsing Ta Cement posted a revenue of TWD1059.1m (US$32.6m) in the third quarter of 2024, down 33.6 per cent when compared with TWD1595.2m in the equivalent period of...
Ciments de Bizerte sees 66% drop in 9M revenues
Ciments de Bizerte reported a 77.4 per cent YoY drop in turnover to TND5.271m (US$1.69m) in the 3Q24. The fall has been attributed to the suspension of clinker production in the...
Riyadh Cement Co significantly improves 3Q results
Riyadh Cement Co reported sales of SAR203.01m (US$54.1m), up 59.7 per cent YoY, in the third quarter of 2024 (ended 30 September 2024). In the 3Q23 the company saw sales of SAR1...
BBMG Corp posts 34% rise in 3Q revenue
China-based BBMG Corp reported an operating revenue of CNY31,474.1m (US$4430.8m) in the July-September 2024 (3Q24) period, up 34.2 per cent YoY. The company’s net profit attribu...
Saudi Cement Co reports robust performance in 3Q24
Saudi Cement Co reported sales revenue of SAR387.1m in the third quarter of 2024, up 22.9 per cent YoY from SAR315m. The company has attributed the improved revenue to increased...
Hurricane Beryl impacts Caribbean Cement 3Q profit
Caribbean Cement Co reported an 11.2 per cent YoY drop in sales to JMD6.2bn (US$39.2m) as Hurricane Beryl hit the company’s sales in the July-September 2024 period. Operating pr...
Eastern Province Cement Co sees 15% uptick in 9M net profit
Eastern Province Cement Co reported sales of SAR280m, up 15.2 per cent YoY, for the third quarter of 2024, according to data on the Saudi Exchange. The company attributed the hi...