Fauji Cement Co reports capacity utilisation of 64% in 1QFY23-24
Fauji Cement Co Ltd (FCCL) announced its financial results for 1QFY23-24, which ended on 30 September 2023, at the Pakistan Stock Exchange (PSX) on 25 October. The company said ...
Business Results
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Universal Cement reports 11% increase in 9M revenue
Taiwan-based Universal Cement Corp report a 3.6 per cent advance in revenues to TWD618.592m (US$19.28m) in September 2023 from TWD597.159m in September 2022. In the January-Sept...
A review of the financial performance of Pakistan's cement sector during FY22-23
Topline Research of Pakistan has reviewed the financial performance of the top 13 listed cement companies (out of 15) on the Pakistan stock exchange (PSX). These 13 companies co...
PPC reports improved results in 5MFY23-24
Revenue for PPC ’s South Africa and Botswana operations (excluding Zimbabwe and Rwanda) increased by five per cent YoY in the first five months of FY23-24 (April-August 2023), s...
Bamburi sees pretax profit quadruple
Kenya-based Bamburi Cement Ltd , owned by Holcim, reported a 1H23 turnover of KES22,260m (US$153.5m), up 11 per cent when compared with the 1H22. Profit before tax surged to KES...
Unacem sees 9% advance in 2Q revenues
Peruvian Unacem Group saw a nine per cent increase in its 2Q revenues to PEN1559m (US$419.8m) in the 2Q23. The advance was attributed mainly to the incorporation of thermo-elect...
Ciments de Bizerte sees 21% drop in 2Q sales revenue
Tunisia-based Société Les Ciments de Bizerte reported a 20.9 per cent fall in total sales to TND24,494,717 (US$7.011m) in the second quarter of 2023 from TND30,961,761 in the 2Q...
Buzzi SpA sees 1H23 volumes decline in Europe
Buzzi SpA reported cement volumes declining across much of western Europe in the 1H23, while the USA saw volumes rise significantly. Hydraulic binders and clinker sales in Italy...
Buzzi SpA reports consolidated EBITDA up 58% in 1H23
Buzzi SpA announced its 1H23 results reporting that consolidated EBITDA stood at EUR575.3m, up 57.6 per cent compared to EUR365.1m of the previous year. The figure for the perio...
Vulcan Materials reports on strong aggregates sector in 2Q23
Vulcan Materials Co has announced total revenues of US$2113m in the second quarter of 2023, up from US$1954m in the same period a year earlier. Adjusted EBITDA has come in at US...