Cementos Bío-Bío 1H16 profits down 10%
Chile’s Cementos Bío-Bío saw its profits during the first half of 2016 fall by 10.1 per cent to CLP9168.69m from CLP10,200.19m reported in 1H15. Revenues increased 6.6 per cent ...
Business Results
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Malaysia: CMSB 1H16 cement profits down 24%
Cahya Mata Sarawak Berhad (CMSB) has announced its earnings figures for the first half of 2016, including those of its cement division. This recorded a pretax profit of MYR41.7m...
Pakistan: DG Khan sees profit up 15%, expands capacity by a further 2.2Mta
Pakistan cement producer DK Khan Cement Co announced a 15 per cent YoY rise to PKR8.79bn (US$83.9m) in its profit after tax in FY16 from PKR7.624bn in FY15.
LSR sees 10% rise in 1H16 sales but 22% drop in EBITDA
Russia’s LSR Group reported a 10 per cent increase in sales in 1H16 to RUB31.618bn. However, EBITDA fell by 22 per cent to RUB4.486bn and the company’s EBITDA margin stood at 14...
Egypt: Sinai Cement returns to profit
Sinai Cement has announced that it earned a net profit of EGP15.4m (US$1.7m) for the first half of 2016, reversing the EGP28.7m losses that it recorded in the same period last y...
Cherat Cement posts FY16 results, plans second line
Pakistan's Cherat Cement Company Ltd (CHCC) has announced its FY16 results, which saw the company reporting a profit after taxation of PKR1.405bn (US$13.4m) compared to PKR1.288...
Pakistan: Cherat Cement sees FY1516 profits rise 9%
Cherat Cement Company has reported a rise in net profits of 9.1 per cent for the year ending June 30, 2016, Pakistan's The News reports. Profits reached PKR1.4bn (US$13.3m) on s...
Dangote
Dangote Cement has reported a 20.6 per cent increase in revenue to NGN292.2bn (US$925m) for the first half of 2016, compared to the same period last year. EBITDA, however, has f...
Cementos Argos
The second quarter of 2016 has seen total dispatched cement volumes by Cementos Argos fall by 1.9 per cent YoY to 3.5Mt, as a result of what the company describes as a “challeng...
Anhui Conch
Anhui Conch has reported a 28.8 per cent fall in profits in 1H16, compared to the same period last year. Intense competition and overcapacity have been blamed for the decline, t...