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PPC proclaims success in turnaround strategy

PPC proclaims success in turnaround strategy

South African cement manufacturer PPC Ltd says that its ‘Awaken the Giant’ turnaround strategy has resulted in a step change in its p rofitability and cash generation, achieving...

Misr Qena sees six-fold profit jump

Misr Qena sees six-fold profit jump

Misr Cement Qena Co posted a 45.3 per cent increase in net sales to EGP1.824bn (US$36.69m) in the 1Q25 from EGP1.255bn in the equivalent period of the previous year. The company...

Arabian Cement sees 32% hike in 1Q sales

Arabian Cement sees 32% hike in 1Q sales

Arabian Cement Co reported a 287 per cent increase in consolidated net profits after tax of EGP590.37m (US$11.9m) in the 1Q25 from EGP152.64m in the 1Q24. The rise in profit com...

South Valley Cement losses deepen

South Valley Cement losses deepen

South Valley Cement saw a 101 per cent rise in sales to EGP660.198m (US$13.3m) in the 1Q25 from EGP328.379m in the 1Q24. However, the company increased its losses after tax more...

Pacasmayo posts 7% uptick in net profit

Pacasmayo posts 7% uptick in net profit

Peruvian cement producer Cementos Pacasmayo SA reported a 4.8 per cent increase in revenues to PEN499.2m (US$136.7m) in the 1Q25 from PEN476.5m in the equivalent period of the p...

Tabuk Cement posts 28% drop in 1Q net profit

Tabuk Cement posts 28% drop in 1Q net profit

Saudi Arabia-based Tabuk Cement Co reported a 22.3 per cent drop in revenues to SAR67.68m (US$0.793m) in the first quarter of 2025 from SAR87.05m in the 1Q24. The company's net ...

Power Cement earns first PBT in six years

Power Cement earns first PBT in six years

Pakistan-based Power Cement Ltd recently announced a profit before tax of PKR762m (US$2.7m) in the 9MFY24-25, marking its first profit in six years. According to AHL Research, t...