Shree Cement sees narrowing margins despite drop in fuel cost
Shree Cement Ltd’s power and fuel cost per tonne has dropped, according to a report by Mint. However, the falling cost of fuel over the third quarter of 2017 has not had much of...
Business Results
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Taiheiyo Cement reports 35% 1H pretax profit rise
Taiheiyo Cement Corp has posted a 11.9 per cent rise in revenues to JPY421.94bn (US$3.72bn) in 1H17 from JPY376.93bn in 1H16.
HeidelbergCement announces 7% rise in EBITDA for 3Q17
HeidelbergCement has announced for the third quarter of 2017 a seven per cent YoY rise in EBITDA from its current operations to EUR1058m on a comparable basis (adjusted for curr...
Tasek sees fall in net profit for 3Q17
Malaysia-based Tasek Corp Bhd posted a 3Q net profit of MYR1.89m (US$447,190) a fall from MYR7.56m in the corresponding period of the previous year, according to The Star Online...
East African Portland Cement reports KES1.4bn loss
East African Portland Cement Co (EAPCC) saw its net profit of KES4.1bn (US$39.6m) for the year ended 2016 evaporate to record a KES1.4bn loss for the year ended 30 June 2017.
Cementarnica Usje sees 10% net profit fall in 9M17
Titan-owned Cementarnica Usje of Macedonia reported a net profit fall of 10 per cent YoY to MKD865.9m (US$16.4m) in the first nine months of 2017.
RAK Cement profits have fallen in 9M17
RAK Cement has seen a 21.2 per cent fall in profits in 9M17. The UAE-based company's net profit totalled AED212,470 (US$57,830), compared to AED7.8m (US$2.12m) in 9M16.
Tabuk Cement reports a net loss in 3Q17
According to Reuters, Tabuk Cement has seen a net loss of SAR12.2m (US$3.2m) in 3Q17, compared to a net profit of SAR7.9m (US$2.1m) in 3Q16.
SCG Cement sees 8% rise YoY from sales in Vietnam
SCG Cement’s revenue from sales in Vietnam has seen an eight per cent rise YoY to VND6.88tn (US$309m) for 3Q17.
Semen Indonesia sales volumes up 6% in September
Semen Indonesia consolidated sales increased by 6.3 per cent YoY to 2,639,187t in September 2017. Volumes were primarily destined for the domestic market, which received 2,513,2...