Business Results

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Mangalam Cement sees 57% rise in sales

Mangalam Cement sees 57% rise in sales

India’s Mangalam Cement has reported a 57.1 per cent rise in sales to INR3.55bn (US$47.52m) in the quarter ending June 2021, compared to INR2.26bn in the year-ago period. Net pr...

Yanbu Cement posts 23% rise in revenue

Yanbu Cement posts 23% rise in revenue

Saudi Arabia’s Yanbu Cement Co has reported a 11.1 per cent YoY fall in net profit to SAR115.23m (US$30.73m) in the first half of 2021, compared to SAR129.56m in the year-ago pe...

Oman Cement posts 5% decline in net profit

Oman Cement posts 5% decline in net profit

Oman Cement has posted a 4.8 per cent decline in net profit to OMR2m (US$5.2m) in the first half of 2021, compared to OMR2.1m in the year-ago period. Total revenue fell 9.1 per ...

Raysut Cement sees net loss contract in 1H21

Raysut Cement sees net loss contract in 1H21

Oman’s Raysut Cement Co has seen its net loss after tax contract to OMR3.2m (US$8.3m) in the first half of 2021, compared to OMR10.9m in the same period of last year. Total reve...

Hsing Ta Cement posts 14% increase in revenue

Hsing Ta Cement posts 14% increase in revenue

Taiwan’s Hsing Ta Cement has seen its revenue in June 2021 fall 19.5 per cent YoY to TWD492m (US$17.54n) from TWD611.25m. In the January-June period, revenue improved 13.6 per c...

Universal Cement records 12% rise in revenue

Universal Cement records 12% rise in revenue

Taiwan’s Universal Cement has posted a 10.2 per cent YoY decline in June revenue to TWD407.13bn (US$14.5m) from TWD453.56m in the year-ago period. In the first six months of the...

JK Cement aims for 10% revenue growth in FY22

JK Cement aims for 10% revenue growth in FY22

India’s JK Cement is targeting up to 10 per cent revenue growth in the FY21-22, due to a push for more infrastructure projects and pent-up demand, according to The Mint. Alongsi...

Gujarat Sidhee Cement posts 28% rise in profit

Gujarat Sidhee Cement posts 28% rise in profit

India’s Gujarat Sidhee Cement Ltd has reported a 27.8 per cent YoY rise in consolidated profit to INR207.9m (US$2.79m) in the 4QFY20-21, up from INR162.7m in the year-ago period...