Qassim Cement sees 38% drop in profit
Saudi Arabia’s Qassim reported a 26.5 per cent YoY fall in sales to SAR626m in 2017 from SAR852m.
Business Results
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Vietnam’s VVMI La Hien profit slips 1% in 2017
VVMI La Hien Cement JSC reported a one per cent YoY decrease in its net profit to VND27.98bn (US$1.23m) in 2017.
UltraTech Cement
In its unaudited results for the quarter ending 31 December 2017, UltraTech Cement reported consolidated net sales of INR78,970m (US$1.23bn), compared to INR59,270m in the same ...
Anhui Conch
China’s Anhui Conch has issued a positive profit alert for 2017 stating that the company expects to record “significant growth in results” and an increase of between 70-90 per c...
Carthage Cement sees 12% sales drop
Tunisia-based Carthage Cement reported a 12 per cent YoY decline in its revenues to TND172.9m (US$72.2m) when compared with revenues of TND196.1m in 2016.
SCG cement revenues up 6%
Thai conglomerate Siam Cement Group (SCG) saw a 14 per cent YoY rise in consolidated sales in 4Q17 to THB113.4bn, as growth in the Packaging business offset a slight decline in ...
Bizerte sees 4% rise in turnover, but debt weighs
Tunisia-based Société Les Ciments de Bizerte improved its turnover by 3.7 per cent to TND63.7m when compared with TND61.4m in 2016.
UltraTech reports 37% volume jump in 3QFY18
UltraTech Cement Ltd, an Aditya Birla Group Company, has announced its unaudited financial results for the quarter ended 31 December 2017 (3QFY18). Net sales stood at INR78,970m...
BBMG expects rise of up to 12% in net profit for 2017
BBMG Corp expects a rise in net profit of 0.5-11.5 per cent YoY for the full-year of 2017, reports Nikkei. This translates to a net profit between CNY2.7bn (US$418.9m) and CNY3b...
Raysut reports 67% profit after tax fall
Raysut Cement Co of Oman has reported a 22.4 per cent drop in initial unaudited consolidated revenues in 2017 to OMR71.895m from OMR92.588 in 2016.