Business Results

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Sharjah Cement sees 25% decline in revenue

Sharjah Cement sees 25% decline in revenue

UAE-based Sharjah Cement has posted a net loss of AED47.9m (US$12.9m) in the first nine months of 2020, compared to a profit of AED2.8m in the corresponding period of last year....

PPC sees rise in sales volumes in the 3Q20

PPC sees rise in sales volumes in the 3Q20

South Africa’s PPC has announced that its cement sales volumes increased 20-25 per cent YoY in the third quarter of 2020. "This trend has continued in October with strong cement...

Sinai Cement reports net loss in 9M20

Sinai Cement reports net loss in 9M20

Egypt’s Sinai Cement has announced that its standalone net loss widened to EGP421.4m (US$26.95m) in the first nine months of 2020, against a loss of EGP311.2m in the year-ago pe...

Cementos Argos' EBITDA grows 10% in 3Q20

Cementos Argos' EBITDA grows 10% in 3Q20

Argos (Grupo Argos) delivered satisfactory results during the third quarter, amid the COVID-19 pandemic. The company reported an improvement in EBITDA despite the impact on volu...

Arkan posts net loss in 9M20

Arkan posts net loss in 9M20

UAE-based Arkan Building Materials Co has recorded a net loss of AED3.71m (US$1.01m) in the first nine months of 2020, compared to an AED36.13m profit in the corresponding perio...

Cementir sales up but profit slips in 9M20

Cementir sales up but profit slips in 9M20

Cementir posted a revenue of EUR896.8m in the nine-month period ended 30 September 2020 down one per cent YoY, according to a company statement. EBITDA declined 2.1 per cent to ...

 Star Cement posts 31% fall in profit

Star Cement posts 31% fall in profit

India’s Star Cement has seen a 30.8 per cent fall in standalone net profit to INR381.2m (US$5.1m) in the quarter ending 30 September, compared with INR550.8m in the year-ago per...

Titan Group reports revenues of EUR1202m in 9M20

Titan Group reports revenues of EUR1202m in 9M20

Titan Group announced its consolidated revenue totalled EUR1202.4m for the 9M20, a marginal decline of 0.5 per cent when compared with the revenue in the 9M19. Operating profita...

Burnpur Cement sees net loss widen in 2Q

Burnpur Cement sees net loss widen in 2Q

India’s Burnpur Cement has seen its standalone net loss widen to INR297.8m (US$3.99m) in the second quarter of FY20-21, against an INR21.3m loss in the 2QFY19-20. However, net r...