Business Results

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LafargeHolcim posts 8% drop in 1H net profit

LafargeHolcim posts 8% drop in 1H net profit

LafargeHolcim Maroc reported a turnover of MAD3.69m (US$378m) in the first half of 2024, representing a 10.6 per cent decline when compared with the year-ago period. The decreas...

Cementos Bio Bio reports sees 2Q profit surge

Cementos Bio Bio reports sees 2Q profit surge

Chile-based Cementos Bio Bio SA (CBB) reported sales of CLP84.283bn (US$92.2m) in the second quarter of 2024, up 2.1 per cent from CLP82.569bn in the year-ago period. Profit bef...

Huaxin Cement posts flat revenues in 2Q24

Huaxin Cement posts flat revenues in 2Q24

China-based Huaxin Cement reported flat revenues of CNY9.15bn in the second quarter of 2024. The company’s net income was down 41 per cent YoY to CNY553.1m while the profit marg...

Asia Cement (China) sees 1H revenue down 35%

Asia Cement (China) sees 1H revenue down 35%

In its unaudited results for the first half of 2024, Asia Cement (China) Holdings Corp reported a revenue of CNY2689.4m (US$377.1m), down 34.5 per cent from CNY4105.1m in the 1H...

Yamama Saudi Cement posts 13% rise in 2Q revenue

Yamama Saudi Cement posts 13% rise in 2Q revenue

Yamama Saudi Cement Co reported a 13 per cent increase in revenue to SAR243.7m (US$65m) in the second quarter of 2024. The company's net profit declined by 14 per cent YoY to SA...

Southeast Cement sees 2Q net profit down 11%

Southeast Cement sees 2Q net profit down 11%

Taiwan-based Southeast Cement Corp has posted a revenue of TWD604.62m in the second quarter of 2024, ended 30 June. This represents a 1.7 per cent decrease from TWD615.383m in t...