Flying Cement Co reports 11% rise in post-tax profit
Pakistan’s Flying Cement Co Ltd reported a 0.24 per cent fall in its full-year sales to PKR2.47bn (US$23.4m) in 2017 from PKR2.476bn in 2016.
Business Results
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Pioneer Cement net income rises 16%
Pioneer Cement Ltd posted a net income of PKR2.91bn (US$27.6m) in the fiscal year ended on 30 June, up 16 per cent compared with PKR2.51bn in the previous year, according to a c...
Semen Indonesia
August saw Semen Indonesia record a 10.6 per cent increase in cement sales with total volumes for the month coming in at 2.87Mt, compared to 2.59Mt in the same month last year. ...
Ciments de Bizerte doubles loss in 1H17
Tunisia-based Ciments de Bizerte saw its revenues fall to TND31,673m (US$12,923m) in 1H17 from TND34,564m.
Ciments du Maroc posts 20% rise in net profit
Ciments du Maroc reported consolidated sales of MAD2.029bn in 1H17, up 1.1 per cent YoY. Consolidated EBITDA remained stable at MAD929m.
Fauji Cement sees full-year profit halve to PRK2.61bn
Fauji Cement Co Ltd reported a 51 per cent drop in net profit after tax to PKR2.61bn (US$24.5m) in FY17 from PKR5.36bn in FY16.
Dangote earns US$86m in revenues from Ethiopia
Dangote Cement earned revenues of more than US$85.8m from its plant in Ethiopia in the financial year that ended 8 July.
LafargeHolcim
LafargeHolcim’s subsidiary Lafarge Malaysia has reported a first-half turnover decline of 18 per cent to MYR1090m (EUR214m/US$259.7m) and there was a net loss of MYR92.02m (EUR1...
CRH
CRH's first-half turnover improved by 2.4 per cent to EUR12,997m and EBITDA was ahead by 4.9 per cent to EUR1175m. The underlying trading profit rose by 10 per cent to EUR647m.
Buzzi Unicem
Buzzi Unicem's 1H17 turnover improved by 7.3 per cent to EUR1353.8m. EBITDA advanced by 8.4 per cent to EUR241.1m. Group cement deliveries improved by 2.3 per cent to 12.5Mt, wh...