Raysut Cement Co sees 8% revenue increase
Oman’s Raysut Cement Co has announced a 7.5 per cent YoY rise in revenue to OMR90.3m (US$234.9m) in its unaudited results for 2020, compared to OMR84.06m in the previous year. H...
Business Results
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Huaxin Cement announces profit decline for 2020
China’s Huaxin Cement expects its net profit to decrease by 9-14 per cent YoY in 2020, compared to CNY6.3bn (US$974m) in the previous year, according to preliminary calculations...
Steppe Cement sees revenue up 1% in 2020
Kazakhstan’s Steppe Cement has reported a one per cent increase in revenue to KZT30.96bn (US$73.59m) in its preliminary update for 2020. However, cement sales volumes declined 4...
Udayapur Cement Industry looks to increase production
Nepal’s state-owned Udayapur Cement Industry has announced plans to increase production capacity to 800tpd from 350tpd, according to the New Business Age. General Manager, Gopi ...
Hama Cement sees cement production reach 1.06Mt in 2020
The Syrian Co for the Manufacture of Cement and Building Materials (Hama Cement) has reported 1.06Mt of cement production for 2020. Clinker production also reached 714,000t duri...
Asia Cement Corp reports 3% increase in December revenue
Taiwan’s Asia Cement Corp has reported a 2.5 per cent YoY increase in revenue to TWD8.32bn (US$297.2m) for December 2020, compared with TWD8.12bn in the year-ago period. In the ...
Dandot Cement Co announces 81% fall in net sales
Pakistan’s Dandot Cement Co has announced an 81.4 per cent YoY fall in net sales to PKR296m (US$1.84m) for the year ended 30 June 2020, compared to PKR1.59bn in the previous yea...
Cimerwa reports revenue increase in FY19-20
Rwanda’s Cimerwa has seen its revenue increase one per cent YoY to RWF63bn (US$63.79m) in the financial year ended September 2020. Profit after tax reached RWF1.9bn, while EBITD...
Lucky Cement reports 16% rise in November revenue
Taiwan’s Lucky Cement has reported a 16.3 per cent YoY increase in revenue for November 2020, rising to TWD402.13m (US$14.24m) from TWD345.87m in November 2019. In the January-N...
PPC sees EBITDA rise 15% in 1H20
South Africa-based PPC has seen its group revenue edge up one per cent to ZAR5.01bn (US$331.1m) in the half-year period ending 30 September 2020, compared to ZAR4.95bn in the 1H...