UAE: National Cement Co sees 46% fall in 3Q profits
National Cement reported a 46.2 per cent drop in third-quarter net profits to AED9.85m (US$2.7m) from AED18.31m 3Q15.
Business Results
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UAE: Fujairah Cement profits up 59%
Fujairah Cement Industries Co reported an increase of 58.9 per cent in profits in 3Q16 as compared with the same period a year ago.
Kenya: East Africa Portland Cement sees 2015 profits fall 42%
East Africa Portland Cement Company (EAPCC) has announced that its profits for the financial year ending in June 2016 were KES4.2bn (US$41m), having fallen by 42.1 per cent in c...
PT Semen Indonesia domestic sales down 6%, export more than double
PT Semen Indonesia’s domestic cement sales dropped six per cent YoY to 2.55Mt in October from 2.71Mt. However, the company saw its export sales rise from 28,302t in October 2015...
India: Orient Cement posts US$4.4m Q3 loss
Orient Cement has recorded a loss of INR294m (US$4.4m) for the quarter to the end of September 2016, CNBC’s Money Control reports. The loss stands in contrast to the same period...
HeidelbergCement sees improved results across the board for 3Q16
In its first results that include the consolidation of Italcementi, HeidelbergCement reported a significant improvement in sales volumes, revenue and operating income in the thi...
India: Ramco sees 45.6% increase in 2QFY16-17 net profit
Ramco Cements reported a 45.6 per cent rise in net profit to INR2.07bn in the second quarter ended 30 September 2016 compared to INR1.42bn for the same quarter a year ago.
Sumitomo Osaka Cement reports 4.4% rise in 1H net profit
Sumitomo Osaka Cement Co saw a 4.5 per cent YoY fall in revenues from JPY115.65bn (US$1.11bn) to JPY110.44bn in the first half ended 30 September 2016.
India: Shree Cement Q2 net profit up 18%
Shree Cement reported an 18.3 per cent YoY rise in its standalone net profit for the quarter ended 30 September 2016. Standalone net profit stood at INR2.91bn (US$43.7m) in the ...
LafargeHolcim 3Q16 net sales 3.1% lower
LafargeHolcim's 3Q16 net sales amounted to CHF7.03bn, 3.1 per cent lower on a like-for-like basis on 3Q15. For 9M16 net sales reached CHF20.3bn, down -1.8 per cent on a like-for...