Dangote posts 12% rise in 3Q revenue
Dangote Cement plc reported a revenue of NGN761.4bn (US$1.987bn) in the nine months ended 30 September 2020, representing a 12 per cent YoY rise when compared with 9M19, accordi...
Business Results
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Hsing Ta Cement sees 24% rise in October revenue
Taiwan’s Hsing Ta Cement has recorded a 23.6 per cent YoY rise in revenue in October, increasing to TWD789.78m (US$27.73m) from TWD638.73m in October 2019. In the January-Octobe...
Birla Corp posts 89% rise in profit
India’s Birla Corp has posted a net profit of INR1.66bn (US$22.35m) for the quarter ending 30 September 2020, up 88.6 per cent YoY over the same period last year. EBITDA reached...
India Cements sees rise in profit for the 2QFY20-21
India Cements has reported a rise in profit to INR714.3m (US$9.63m) for the second quarter of the FY20-21, compared to INR87.2m in the year-ago period. However, the company’s re...
HeidelbergCement announces a 8% fall in revenues for 9M20
HeidelbergCement announced its January-September 2020 revenue decreased by 7.9 per cent to EUR13,140m in comparison with the previous year's EUR14,273m. Excluding consolidation ...
JK Lakshmi Cement sees 87% rise in net profit
India’s JK Lakshmi Cement has seen an 86.9 per cent YoY rise in consolidated net profit to INR929.3m (US$12.5m) for the quarter ending 30 September 2020, compared with INR497.2m...
Gulf Cement Co sees net loss widen in the 9M20
UAE-based Gulf Cement Co has recorded a net loss of AED268.13m (US$73.01m) for the first nine months of 2020, widening from an AED3.86m loss in the year-ago period. The company'...
Vicat reports sales of EUR2.07bn
Vicat Group’s consolidated sales reached EUR2.066bn in the first nine months of 2020, stable on a reported basis and up 2.1 per cent YoY at constant scope and exchange rates. EB...
FLSmidth reports 33% decline in 3Q cement revenues
In the 3Q20 FLSmidth’s revenue amounted to DKK3834m (US$4181m) compared to DKK4736m in the 3Q19, down 19 per cent. Organic revenue decreased by 12 per cent, comprising a one per...
Cementos Pacasmayo sees EBITDA rise 8% in 3Q
Peru's Cementos Pacasmayo saw its sales volume of cement, concrete and precast rise 14.2 per cent YoY to 819,700t in the third quarter of 2020, reaching historical record levels...