Business Results

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Loma Negra reports 1Q22 results

Loma Negra reports 1Q22 results

Loma Negra saw its net sales revenue decrease by 5.5 per cent to ARS19.3bn (US$171m) in the first quarter of 2022 as cement and concrete sales declined and improvements in aggre...

Dangote volumes up 4% in 1Q22

Dangote volumes up 4% in 1Q22

Dangote has reported a 24.2 per cent YoY increase in group revenue to NGN413.2bn (US$995.4bn) in the opening quarter of 2022. Group EBITDA over the same period advanced by 18.6 ...

Caribbean Cement posts flat 1Q profit

Caribbean Cement posts flat 1Q profit

Caribbean Cement Co Ltd in Jamaica has reported a flat profit for its 1Q22 but views the future with optimism. In the January-March 2022 quarter, Caribbean Cement saw a profit o...

GCC sees 16% rise in 1Q net sales

GCC sees 16% rise in 1Q net sales

GCC reported an 15.7 per cent advance in consolidated net sales to US$206.9m in the first quarter of 2022 when compared with the equivalent period of 2021. Operating income in t...

BUA sees jump in profit following new plant

BUA sees jump in profit following new plant

BUA Cement increased sales in the 1Q22 by 58.5 per cent to NGN97bn (US$233.4m) following the commissioning of its new 3Mta Kalambaina Line 4 . Other income surged seven times to...

Carthage Cement improves 1Q cement exports

Carthage Cement improves 1Q cement exports

Tunisia-based Carthage Cement has improved its export turnover in the first quarter of 2022. Exports were up 32 per cent YoY to TND65m (US$21.8m). The company’s total turnover r...