Yamama sees 9% dip in 1H profits
Yamama Cement Co of Saudi Arabia saw its net profit after zakat and tax decline by 9.2 per cent YoY to SAR120.1m (US$32m) in the 1H22 from SAR 132.55m in the 1H21. Sales expande...
Business Results
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Cementos Pacasmayo shows improved 2Q and 1H results
Peru-based Cementos Pacasmayo SAA announced its consolidated results for the second quarter of 2022 and the six months ended 30 June 2022. 2Q22 In the second quarter of 2022 rev...
UltraTech Cement expected to report 29% fall in profit
UltraTech Cement is expected to report a 29 per cent YoY drop in net profit to INR12,140m (US$151.9m) for the three months ended 30 June 2022, compared to INR17,000m in the same...
HeidelbergCement India sees revenue increase
HeidelbergCement India has posted revenue of INR6001.5m (US$75.1m) in the quarter ended 30 June 2022, compared to INR5664.5m in the same quarter a year earlier. Profit over the ...
Ramco Cements reports rise in revenue in 2021-22
The Ramco Cements Ltd has reported revenue of INR60.1bn (US$752.3m) in the FY21-22, compared to INR53.03bn in FY20-21. Net profit over the same period has advanced from INR7.61b...
China Shanshui Cement issues profit warning
China Shanshui Cement Group has issued a profit warning for the first half of 2022. Profit attributable to equity holders of the company for the six-month period will decrease b...
Taiwan Cement and Chia Hsin see June revenue increase
Taiwan Cement Corp reported a 7.8 per cent increase in revenue to TWD9145.989m (US$306.5m) in June 2022 from TWD8480.821m in June 2021. However, in the first half of 2022 the co...
PPC reports 11% increase in revenue in FY22
PPC has reported group revenue for the 12 months ended 31 March 2022 of ZAR9882m (US$621.9m), an increase of 11 per cent YoY. Excluding Zimbabwe, group revenue was up five per c...
Taiwan cement producers sees dent in revenues in May
Taiwan’s cement producers reported mostly a decrease in revenues in May. Lucky Cement posted a 6.9 per cent YoY drop in May revenue to TWD332.258m (US$11.23m) from TWD357.039m i...
Southern Province Cement starts work on new Jazan plant
Southern Province Cement Co has started work on its new 5000tpd plant in Jazan, Saudi Arabia. The project is part of the company’s plans to boost its production capacity to 10,0...