CMS sees 1Q revenues up by 6%
Malaysia-based Cahya Mata Sarawak Berhad (CMS) reported a revenue of MYR214.04m for the first quarter ended 31 March 2022, up six per cent YoY from MYR202.06m. Profit before tax...
Business Results
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JK Cement 4Q net profit advances 36%
Indian cement producer JK Cement reported a standalone net profit of INR862.6m (US$11.1m) for the quarter ended 31 March 2022, representing an increase of 36.2 per cent when com...
Eagle Materials reports 15% increase in revenue
Eagle Materials has reported record revenue of US$1.9bn in the FY22, up 15 per cent YoY. Net earnings advanced by 10 per cent to US$374.2m over the same period, while adjusted E...
Southern Province revenue down 25% in 1Q22
Saudi Arabia-based Southern Province Cement Co has posted a revenue of SAR330m (US$88m) for the first three months of 2022. This represents a 25 per cent drop when compared with...
Tabuk Cement sees 1Q losses
Saudi cement producer Tabuk Cement Co reported revenues of SAR62.18m (US$16.58m), down 19.2 per cent YoY, in the January-March 2022 period, according to the company Net losses a...
Star Cement posts net profit rise
Star Cement Ltd saw a 24.2 per cent advance in revenues to INR7.49bn (US$96.6m) in the January-March 2022 quarter from INR6.03bn in the corresponding period of the previous year...
Arabian Cement 1Q profits see 37% drop
Arabian Cement’ s net profit after zakat and tax declined 37 per cent YoY to SAR41.9m (US$11.2m) in the first quarter of 2022. When compared with the fourth quarter of 2021, net...
Buzzi Unicem reports 3% uptick in cement sales in 1Q22
In the opening quarter of 2022, Buzzi Unicem saw its cement sales advance by 2.9 per cent YoY to 6.36Mt (1Q21: 6.19Mt). Ready-mixed concrete sales over the same period improved ...
Eastern Province Cement sees 52% drop in 1Q profits
Saudi Arabian cement producer Eastern Province Cement Co reported a net profit after zakat and tax of SAR29m (US$7.7m) in the 1Q22, down 51.7 per cent YoY. Revenues declined 25....
Asia Cement reports 21% decline in 1Q net profit
Taiwan-based Asia Cement Corp posted a revenue of TWD19.681bn (US$659.1m) in 1Q22, up 10.1 per cent from TWD17.877bn in the 1Q21. However, pretax profit declined 27.6 per cent t...