Climbing regional cement shipments for Argos in the 1H21
Argos announced its 1H21 results this week with regional cement shipments climbing in the USA and in the Caribbean and Latin America. In the USA cement volumes saw a solid incre...
Business Results
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Loma Negra records 47% advance in net revenue
Argentina's Loma Negra has reported a 46.6 per cent YoY increase in net revenue to ARS14.269bn (US$147m) in the quarter ending 30 June 2021, mostly driven by its cement segment....
India Cements reports 35% increase in revenue
India Cements has seen its standalone profit more than double to INR374m (US$5.034m) in the first quarter of FY21-22. Revenue from operations also advanced 35.1 per cent YoY to ...
Arabian Cement Co sees net loss widen in 1H21
Egypt’s Arabian Cement Co has seen its consolidated net loss after tax widen to EGP23.28m (US$1.48m) in the first half of 2021, compared to EGP5.63m in the year-ago period. Sale...
Argos records 1H21 cement shipments of 8.6Mt
Argos recorded cement shipments of 8.6Mt in the 1H21, an increase of 26.9 per cent compared to the 1H20. The advance was supported by the performance of the group in the USA, th...
FLSmidth reports 2Q21 strong order intake and improved profitability
FLSmidth’s order intake in the 2Q21 increased 42 per cent compared to the 2Q20 and by 38 per cent to DKK4615m (US$97m) YoY. Cement service order intake reached DKK875 in the 2Q2...
Votorantim Cimentos sees regional sales pick-up in 2Q21
Votorantim Cimentos recorded strong sales in all operating regions in the 2Q21. Price rises and reduced restrictions from the pandemic aided beter results than in the same perio...
Votorantim Cimentos records sales volume growth of 31% in 2Q21
Votorantim Cimentos’ sales volume rose to 9.8Mt in 2Q21 compared to 7.5Mt in 2Q20, a growth of 31 per cent. Strong sales were recorded on all countries of the company’s operatio...
Siam Cement records 83% increase in net profit
Thailand’s Siam Cement has seen an 83 per cent increase in net profit to THB17.14bn (US$512.4m) in the second quarter of 2021, supported by its chemical and packaging businesses...
Asia Cement posts 7% rise in revenue
Taiwan’s Asia Cement has recorded a 6.7 per cent YoY rise in revenue to TWD22.08bn (US$792.89m) in the second quarter of the year, compared to TWD20.69bn in the year-ago period....