Business Results

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Dangote Cement sees 45% rise in revenue

Dangote Cement sees 45% rise in revenue

Nigeria’s Dangote Cement has posted a 44.8 per cent YoY rise in group revenue to NGN690.55bn (US$1.676bn) in the first half of 2021, compared to NGN476.85bn in the year-ago peri...

Eastern Province Cement records 5% rise in profit

Eastern Province Cement records 5% rise in profit

Saudi Arabia’s Eastern Province Cement has announced a five per cent increase in net profit to SAR122m (US$32.53m) in the first half of 2021, against SAR116m in the 1H20. Sales ...

Sumitomo Osaka Cement posts 14% rise in profit

Sumitomo Osaka Cement posts 14% rise in profit

Japan’s Sumitomo Osaka Cement has posted a 16.4 per cent YoY decline in profit to JPY43.78bn (US$399.57m) for the quarter ending 30 June 2021, compared to JPY52.35bn in the year...

Buzzi Unicem's net sales rise 6% in 1H21

Buzzi Unicem's net sales rise 6% in 1H21

Buzzi Unicem's net sales in the 1H20 increased 5.8 per cent, standing at EUR1608.7m versus EUR1520.1m in 1H20, while EBITDA improved by 12.3 per cent, advancing from EUR313.9m t...

Orient Cement posts 246% YoY rise in profit

Orient Cement posts 246% YoY rise in profit

India’s Orient Cement has posted a 17 per cent QoQ decline in operating revenue to INR6.9bn (US$92.95m) in the first quarter of FY21-22, compared with INR8.32bn in the previous ...

Umm Al Qura Cement sees 17% decline in profit

Umm Al Qura Cement sees 17% decline in profit

Saudi Arabia’s Umm Al Qura Cement has seen a 16.8 per cent decline in net profit to SAR49.45m (US$13.19m) in the first half of 2021, compared to SAR59.48m in the year-ago period...

Holcim Philippines reports successful 1H21

Holcim Philippines reports successful 1H21

Holcim Philippines posted net sales of PHP13.661m in the first half of 2021, up 19.6 per cent when compared with PHP11.419m in the 1H20. Operating EBITDA increased to 3.151m in ...

Cementir sees 1H net profit rise of 140%

Cementir sees 1H net profit rise of 140%

Cementir reported a 16.5 per cent rise in revenues for the first half of 2021 to EUR664.5m from EUR570.4m in the 1H20. The increase reflects an 18.7 per cent rise in the sales o...