Business Results

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FLSmidth reports positive overall results

FLSmidth reports positive overall results

FLSmidth released its annual report on Wednesday and reported a five per cent order increase to DKK19.17bn (US$3.15bn) in 2017, driven by stronger offtake in the minerals divisi...

Taiheiyo Cement sees revenue increase in 9M17

Taiheiyo Cement sees revenue increase in 9M17

Taiheiyo Cement has reported its financial results for the nine-month period ended 31 December 2017. The group revenue has increased to JPY653.06bn (US$5.95bn) from JPY592.21bn ...

Tasek posts MYR5.94m loss in 4Q17

Tasek posts MYR5.94m loss in 4Q17

Malaysian cement producer Tasek Corp Bhd reported a net loss of MYR5.94m (US$1.51m) for the fourth-quarter of 2017, down from the MYR2.14m profit in 4Q16.

Slow Tamil Nadu sales affect Ramco 3Q net profit

Slow Tamil Nadu sales affect Ramco 3Q net profit

Ramco Cements has seen its 3QFY17-18 net profit dragged down on the back of lacklustre demand in its core market of Tamil Nadu, India. Net profit fell to INR1.227bn from INR1.51...

PPC records sales growth

PPC records sales growth

PPC reported that it has seen its sales volume grow by over 20 per cent YoY in Rwanda and Zimbabwe, for the nine-month period ended 31 December 2017.

Sharjah Cement FY17 net profit up 2%

Sharjah Cement FY17 net profit up 2%

Sharjah Cement saw net profit edge up 1.6 per cent to AED65m (US$17.7m) in 2017 from AED64m a year ago, according to Reuters. Revenues of the UAE cement producer rose 6.2 per ce...