Dangote Cement group increases revenues by 37% in 9M17
Dangote Cement’s overall group revenue increased by 36.5 per cent from NGN442.1bn (US$1.08bn) in the first 9M16 to NGN603.6bn in 9M2017, despite a 10.1 per cent fall in group ce...
Business Results
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Attock Cement Pakistan reports fall in profits
Attock Cement Pakistan Ltd (ACPL) announced
DG Khan raises profits by 49% in 1QFY18
DG Khan Cement Factory Ltd (DGKC) announced its 1QFY18 financial results on 18 October, posting a profit after tax of PKR2.83bn (US$26.8m) against PKR1.9bn earned in the corresp...
Xinjiang cement industry returns to profit
The cement industry in Xinjiang province is faced with higher rates of overcapacity than any other part of China, making losses in three consecutive years. However, sector refor...
ACC 3Q17 sales volume rises 18%
ACC delivered sales volume growth of 18 per cent in the 3Q17 (July-September 2017) compared to five per cent in 3Q16. Sales volume reached 19.29Mt for the first nine months of 2...
UltraTech expected to announce large net profit fall in 3Q17
UltraTech Cement is likely to report a 30-50 per cent drop in the July-September quarter net profit on higher interest cost and depreciation related to acquisition of Jaiprakash...
Qatar National Cement sees 32% drop in net profit in 3Q17
Qatar National Cement Co disclosed its interim financial statement for the period ended 30 September 2017. The company's 3Q net profit is QAR242.805m, down 31.7 per cent compare...
Yamama Cement sees 3Q profit fall
Yamama Cement reported a 30.5 per cent YoY fall in sales to SAR164m (US$43.7m) in 3Q17 from SAR236m in 3Q16. The company’s net profit decreased 48.1 per cent from SAR56.3m to SA...
Taiwan Cement sees 14% rise in September revenues
Taiwan Cement Corp reported revenues of TWD8.071bn (US$266.8m) in September 2017, up 13.9 per cent from TWD7.087m in the year-ago period, according to a note filed to the Taiwan...
Industria Nacional del Cemento sells close to 10m bags in 9M17
Paraguay’s Industria Nacional del Cemento (INC) has sold 9,855,397 bags of cement in the first nine months of 2017, equivalent to 74.6 per cent of the total sold last year (13.2...