SCG reports 7% increase in revenue
The Siam Cement Public Co Ltd (SCG) reported a 14 per cent drop in sales revenue to THB122,190m (US$3510.1m) in the 4Q22 when compare with the 4Q21. The company’s EBITDA fell by...
Business Results
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Cementos Pacasmayo reports 15% increase in 2022 net income
Peru-based Cementos Pacasmayo saw its revenues increase by 1.7 per cent YoY to PEN533.8m (US$138.8m) in the fourth quarter of 2022, mainly due to an increase in average prices o...
Buzzi Unicem posts 16% rise in consolidated net sales in FY22
Buzzi Unicem reports consolidated net sales at EUR3996m in FY22, up 16 per cent from EUR3446m in FY2021, also on LfL basis a rise of 9.6 per cent. Cement sales in Brazil and Rus...
RAK White Cement reports drop in profit
Ras Al Khaimah Co for White Cement and Construction Materials (RAK White Cement) posted net profits of AED21.08m (US$5.74m) in 2022, a 35.9 per cent decline from AED32.87m in 20...
Star Cement reports 27% rise in 3Q net profit
India-based Star Cement saw its net profit increase by 27 per cent YoY to INR303m (US$3.67m) for the quarter ended 31 December 2022 (3QFY22-23). Net revenue advanced by 15.4 per...
GCC reports 7% EBITDA increase in 2022
Grupo Cementos de Chihuahua (GCC) reported net sales of US$289.7m in the October-December 2022 period, representing an increase of 12.3 per cent when compared with the 4Q21, acc...
Les Ciments de Bizerte reports 5% revenue drop in 2022
Revenues of Tunisia-based Les Ciments de Bizerte saw a five per cent decline to TND123.8m (US$40.1m) in 2022 from TND130.8m in 2021. Domestic revenues edged up by 1.6 per cent Y...
Sagar Cements sees profits tumble in 2022
India's Sagar Cements Ltd (SCL) has reported unaudited consolidated revenue from operations of INR5757.3m (US$70.7m) in the quarter ended 31 December 2022, up from the INR3336m ...
China Resources Cement issues profit warning for 2022
China Resources Cement Holdings Ltd has issued a profit warning saying that it expects its profit attributable to owners of the company to contract by 74-78 per cent YoY in 2022...
Yura achieves 3Mt sales milestone
Peru-based Cemento Yura SA has reached the 3Mt sales mark for the first time in its 56-year history, reports Asocem, the country’s cement association. The company attributes its...