Shree Cement records 64% increase in profit
India’s Shree Cement has seen a 64 per cent YoY increase in consolidated net profit to INR5.23bn (US$70.71m) for the quarter ending 30 September 2020, compared with INR3.13bn in...
Business Results
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Eagle Cement Corp sees net sales down 16%
Philippine-based Eagle Cement Corp has reported a net profit of PHP1.4bn (US$28.96m) in the 3Q20, remaining unchanged from the year-ago period. However, its net sales were down ...
Saudi Arabian cement companies see combined profits rise 39%
The combined profits of 14 Tadawul-listed Saudi cement companies grew by 39.3 per cent YoY to SAR840.87m during the 3Q20, compared with SAR603.54m in the same period of 2019, ac...
Loma Negra reports surge in net profit for the 3Q20
Argentina’s Loma Negra has seen its net revenue decrease 4.5 per cent YoY to ARS10.756bn (US$143m) in the third quarter of 2020, compared with ARS11.26bn in the year-ago period....
JK Cement sees net profit surge 106%
India’s JK Cement has reported a 105.5 per cent YoY rise in standalone net profit to INR2.24bn (US$30.1m) for the quarter ending 30 September 2020, compared to INR1.09bn in the ...
Sumitomo Osaka sees 6% fall in 1H revenue
Japanese cement producer Sumitomo Osaka Cement Co posted a 6.4 per cent fall in its 1H revenue ended 30 September 2020 to JPY112.12bn from JPY119.84m in the 1HFY20-21. Operation...
Buzzi Unicem records cement and clinker sales of 21.7Mt in 9M20
Buzzi Unicem announced that cement and clinker sales for the group totalled 21.7Mt in the 9M20, down 1.8 per cent compared to the previous year. Ready-mix and concrete sales con...
Taiwan's producers report October results
Taiwan Cement Corp has reported an 8.2 per cent decline in October 2020 revenue to TWD10.29bn (US$360.7m) from TWD11.21bn in the same month of last year. Revenue also fell 6.3 p...
Taiheiyo reports 14% rise in 1H net profit
Japan-based Taiheiyo Cement Corp saw a 3.2 per cent drop in its revenues to JPY420.63bn (US$4bn) in the first half of the FY20-21 from JPY431.39bn in the 1HFY19-20. However, ope...
Dalmia Cement sees sales volumes rise 7%
India’s Dalmia Cement (Bharat) Ltd has seen a seven per cent YoY rise in sales volume to 4.8Mt in the second quarter of the FY20-21, on the back of strong rural demand and a pic...