Eurocement Ukraine improves sales
Eurocement Ukraine produced 1.12Mt of cement in 2017, representing a 1.9-fold rise YoY. The company shipped 1.1Mt of product to consumers. The company’s net loss contracted 14 p...
Business Results
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Semen Indonesia
The Semen Indonesia group has reported a 14.1 per cent YoY increase in cement sales volumes to 2.49Mt in January this year, according to the Indonesia Cement Association. This c...
Sephaku Cement posts 16% fall in profits in 2017
Dangote-owned Sephaku Cement has posted a 16 per cent drop in its full-year profit, despite revenue increasing by 3.7 per cent to ZAR2.37bn (US$201.1m) in 2017. The South Africa...
China Tianrui records revenue increase for 2017
China Tianrui Group Cement has announced that its profit attributable to owners rose 238.6 per cent YoY for the full-year 2017 period, increasing to CNY1bn (US$158.47m) from CNY...
RAK White Cement to pay dividends worth AED25m
UAE-based RAK White Cement has approved the Board’s recommendation to distribute five per cent of capital as cash dividends for the FY17. The company will pay five fils per shar...
Dangote Cement records 31% revenue increase in 2017
Dangote Cement Plc has announced its unaudited results for the full-year 2017 period, which show a 31 per cent YoY increase in revenue to NGN805.6bn (US$2.24bn) from NGN615.1bn....
RHI Magnesita announces adjusted pro-forma revenue of EUR2677.2m
RHI Magnesita saw pro-forma revenue up 11 per cent in 2017 to EUR2677.2m for its steel and industrial divisions. The results include consolidated 10-month results for RHI and tw...
PT Semen Indonesia announces 56% fall in net income
PT Semen Indonesia has announced an almost 56 per cent YoY drop in net income for the full-year 2017 period, decreasing to IDR2.01trn (US$146m) from IDR4.52trn. According to a T...
Eagle Cement's net profit rises to US$82m
Philippine-based Eagle Cement Corp increased its net profit last year by four per cent to PHP4.26bn (US$82m) on strong sales volumes. Excluding expenses from its initial public ...
Yanbu Cement reports 39% fall in profit for 2017
Saudi Arabia’s Yanbu Cement has reported a 39.4 per cent YoY decrease in profit for the full-year 2017 period, falling to SAR319m (US$85.07m) from SAR526m.