Business Results

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Birla Corp reports 27% net profit increase

Birla Corp reports 27% net profit increase

India’s Birla Corp has posted a net profit of INR2.49bn (US$33.87m) in the 4QFY20-21, up 27 per cent YoY from INR1.95bn, as cement sales advanced 24.5 per cent YoY to 4.17Mt. Re...

Sumitomo Osaka sees 7% climb in net profit

Sumitomo Osaka sees 7% climb in net profit

Japan’s Sumitomo Osaka Cement has recorded a 7.3 per cent YoY rise in net profit to JPY11.72bn (US$106.97m) for the year ended March 2021. Sales were down 2.4 per cent YoY to JP...

Hsing Ta Cement records 56% rise in revenue

Hsing Ta Cement records 56% rise in revenue

Taiwan’s Hsing Ta Cement has recorded a 55.5 per cent YoY rise in revenue to TWD1.8bn (US$64.76m) in the first quarter of 2021, compared with TWD1.17bn in the year-ago period. N...

Titan Group records revenues of EUR371m in 1Q21

Titan Group records revenues of EUR371m in 1Q21

Titan Group's consolidated revenue reached EUR371m, down 3.6 per cent versus the 1Q20, penalised by the weaker US$ and US$-linked currencies, against otherwise solid organic gro...

Taiheiyo Cement sees 20% net profit increase

Taiheiyo Cement sees 20% net profit increase

Japan’s Taiheiyo Cement has recorded a 2.3 per cent decline in revenue to JPY863.9bn (US$7.88bn) in the year ending 31 March 2021, compared with JPY884.35bn in the previous year...

Chia Hsin Cement posts 10% rise in revenue

Chia Hsin Cement posts 10% rise in revenue

Taiwan’s Chia Hsin Cement has posted a 9.9 per cent YoY increase in revenue to TWD544.53m (US$19.47m) in the first quarter of 2021, compared to TWD495.3m in the year-ago period....

Summit Materials sees record adjusted EBITDA

Summit Materials sees record adjusted EBITDA

USA-based Summit Materials has reported a US$25.5m net loss in the first quarter of 2021, compared to the US$45m in the year-ago period. Its net revenue advanced 16.4 per cent Y...

Arabian Cement sees 49% surge in profit

Arabian Cement sees 49% surge in profit

Saudi Arabia’s Arabian Cement Co has seen a 48.5 per cent YoY surge in net profit to SAR67m (US$17.87m) in the first quarter of 2021, up from SAR45.1m in the 1Q20. Sales increas...

Lucky Cement posts 15% fall in revenue

Lucky Cement posts 15% fall in revenue

Taiwan’s Lucky Cement has posted a 14.5 per cent YoY decline in April revenue to TWD345.56m (US$12.44m) from TWD404.2m in the year-ago period. In the first four months of 2021, ...