PPC sees 20% YoY rise in revenue
South Africa’s PPC Ltd has announced a 20 per cent YoY increase in revenue to ZAR5.13bn (US$324.5m) in the first half of the year, ended 30 September, compared with ZAR4.27bn in...
Business Results
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Holcim Philippines sees 124% net income increase
Holcim Philippines reported a 124 per cent YoY increase in net income to PHP2.3bn (US$45.66m) in the first nine months of 2021, compared to PHP1.03bn in the year-ago period, on ...
Sagar Cements set to increase capacity to 8.25Mta
India’s Sagar Cements is reportedly increasing capacity to 8.25Mta by the end of December, according to BusinessLine. The company opened a 1Mta integrated plant in Madhya Prades...
Kohat Cement receives regulatory approvals for Punjab plant
Kohat Cement Co (KOHC) has obtained all the requisite regulatory approvals for setting up the greenfield 7800-10,000tpd cement production line in Khushab, Punjab province of Pak...
Mangalam Cement sees 17% revenue increase
India’s Mangalam Cement has reported a standalone net profit of INR110.7m (US$1.49m) in the 2QFY21-22, falling 48.1 per cent YoY from INR213.3m in the year-ago period. However, ...
Mangalam sees 1H net profit up 82%
India-based Mangalam Cement announced its unaudited financial results for the quarter and half year ended 30 September 2021. In the quarter ended 30 September 2021 (2Q21) the co...
Universal Cement sees 12% increase in revenue
Taiwan’s Universal Cement has announced a 12.2 per cent YoY increase in revenue to TWD1.45bn (US$52.32m) in the third quarter of 2021, compared to TWD1.29bn in the comparable pe...
Misr Cement (Qena) announces 168% surge in profit
Egypt’s Misr Cement (Qena) has reported a 168 per cent YoY surge in consolidated net profit during the first nine months of 2021, reaching EGP107.4m (US$6.84m) from EGP40.11m in...
Arabian Cement Co announces contraction in net loss
Egypt’s Arabian Cement Co has announced a consolidated net loss of EGP23.21m (US$1.48m) during the first nine months of 2021, an improvement from the EGP39.77m net loss seen in ...
Cementir reports revenues of EUR1bn in 9M21
Cementir has released its results for the first nine months and the 3Q21. Group revenue reached EUR1bn, up 12.4 per cent compared to EUR896.8m in the first nine months of 2020. ...