Sinai Cement reduces 1Q loss
Egypt-based Sinai Cement , owned by Vicat , has posted consolidated net losses after tax of EGP67.19m (US$3.6m) in the first quarter of 2022, an improvement when compared with t...
Business Results
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Cemento Polpaico reports 67% drop in 1Q profit
Chilean cement producer Cemento Polpaico reported net sales of CLP89,359m (US$107.6m) in the first quarter of 2022, up 7.5 per cent when compared with CLP83,145m in the 1Q21. Ho...
Misr Beni Suef Cement sees profits surge to EGP48m in 1Q22
Egypt-based Misr Beni Suef Cement reported net profits after tax of EGP47.65m (US$2.56m) in the 1Q of 2022, up from EGP37.42 in the 1Q21. The company’s revenues advanced to EGP4...
Taiwan Cement shifts focus to green energy and waste
Taiwan Cement Corp (TCC) saw its cement revenue on mainland China fall by 7.8 per cent YoY in the opening quarter of 2022 with the sales volume over the same period contracting ...
Eagle Cement Corp 1Q net profit slips 3%
Philippines-based Eagle Cement Corp reported a three per cent decrease in net income to PHP1.66bn (US$31.674m) in the first quarter of 2022 from PHP1.72bn in the equivalent peri...
HeidelbergCement India posts 7.2% uptick in revenue in FY22
HeidelbergCement India has recorded a one per cent YoY increase in revenue (net of taxes) to INR5867m (US$75.65m) in the first quarter of 2022. EBITDA over the same period has f...
Shree Cement sees 4% increase in revenue in 1Q22
Shree Cement has reported a 3.9 per cent YoY uptick in revenue to INR40.99bn (US$527.8m) in the opening quarter of 2022. Sales volumes over the same period slipped two per cent ...
Najran Cement reports 24% fall in revenue in 1Q22
Najran Cement Co has recorded a 61.41 per cent YoY decline in net profit in the opening quarter of 2022. Net profit after zakat and tax came in at SAR23.28m (US$6.21m) in the 1Q...
Nuvoco Vistas Corp sees 24% increase in revenue in FY21-22
India-based Nuvoco Vistas Corp has announced its audited financial results for the financial year ended 31 March 2022. Consolidated revenue from operations improved by 24 per ce...
Yanbu Cement sees 17% fall in 1Q22 revenue
Yanbu Cement has reported a 17.4 per cent YoY decline in revenue to SAR242m (US$64.53m) in the opening quarter of 2022. However, this was still above the SAR224m estimated by Al...