Usje posts 41% net profit drop in 9M22
Cementarnica Usje , the North Macedonian subsidiary of Titan, reported a drop in net profit by 41 per cent to MKD621.2m (US$9.9m) in the first nine months of 2022 when compared ...
Business Results
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Carthage Cement reports 10% increase in 9M turnover
Tunisia-based Carthage Cement posted a turnover of TND262m (US$8.2m) at the end of September 2022, compared to TND239m in the 9M21, representing an increase of 10 per cent YoY, ...
Steppe Cement sees 65% surge in 1H post-tax consolidated profit
Steppe Cement has announced a consolidated profit after tax of US$10.2m for the six months ended 30 June 2022, up 65 per cent YoY. The Kazakstan cement producer’s gross margin i...
PT Semen Indonesia reports 2% drop in 1H revenues
PT Semen Indonesia saw a 2.1 per cent slip in total revenues to IDR15.876trn in the 1H22 when compared with the year-ago period. The company attributed the decrease mainly to lo...
Ciments de Bizerte reports TND12m loss in 1H22
Tunisia-based Ciments de Bizerte posted a loss of TND11.9m (US$3.6m) in the first half of 2022 when compared with a profit of TND1.3m in the 1H21. The company’s operating result...
LafargeHolcim Morocco reports 27% drop in 1H net income
LafargeHolcim Maroc posted a 27 per cent YoY drop in net income to MAD759m (US$69.5m) at the end of June 2022. Consolidated turnover stood at MAD4004m, level with the year-ago p...
Chia Hsin reports 10% increase in August sales
Chia Hsin Cement posted revenues of TWD182.371m (US$5.9m) in August 2022, up 9.8 per cent from TWD166.022m in August 2021. In the January-August 2022 period, Chia Hsin’s sales s...
Taiwan Cement posts 19% increase in 8M revenues
Taiwan Cement saw a 19.2 per cent advance in revenues to TWD10,689.86m (US$345.9m) in August 2022 from TWD8966.476m in August 2021. In the first eight months of 2022 total reven...
Cemento Polpaico reports 17% rise in 1H revenues, 1H profits are down
Cemento Polpaico SA reported revenues of CLP178.053bn (US$201.8m) in the January-June 2022 period, up 16.9 per cent when compared with CLP152.376bn in the January-June 2021. The...
Asia Cement posts TWD59bn revenue in 8M22
Taiwan-based Asia Cement Corp reported a 1.7 per cent drop in revenues to TWD7.069bn (US$228.5m) in August 2022 when compared with the TWD7.193bn posted in August 2021. In the f...