Business Results

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Cementir Group reports revenue of EUR1248m in 9M22

Cementir Group reports revenue of EUR1248m in 9M22

Cementir’s Group revenue from sales and services in the 9M22 reached EUR1248.2m, up 23.8 per ent compared to EUR1008.3m in 9M21. The increase in revenue is mainly due to price i...

Southern Province 9M profit contracts to SAR238m

Southern Province 9M profit contracts to SAR238m

The net profit after zakat and tax of Saudi Arabia-based Southern Province Cement Co declined by 28.1 per cent YoY to SAR238m (US$63.5m) in the 9M22 from SAR331m. Revenues fell ...

Tanzania Portland Cement reports 9M profit up 6%

Tanzania Portland Cement reports 9M profit up 6%

Tanzanian cement producer Tanzania Portland Cement PLC has posted a six per cent increase in pretax profit in the first nine months of the year as domestic and export cement dem...

Holcim posts record 3Q performance

Holcim posts record 3Q performance

Holcim reported record 3Q net sales of CHF8045m (US$8043.1m), up 10.4 per cent YoY and 16.3 per cent on a like-for-like (LfL) basis, from CHF7286m. Recurring EBIT edged 1.2 per ...

GCC posts 18% hike in 3Q net profit

GCC posts 18% hike in 3Q net profit

GCC reported an 11.8 per cent YoY increase in sales to US$352.8m in the July-September 2022 period from US$315.4m in the year-ago period. EBITDA in the 3Q22 advanced by 6.6 per ...