Power Cement sees net sales surge 459%
Pakistan’s Power Cement saw its net sales surge 458.9 per cent YoY in the quarter ending 30 September 2020, rising to PKR3.26bn (US$20.36m) from PKR583m. However, the company ha...
Business Results
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Lafarge Africa sees revenue increase 10%
Lafarge Africa has reported a 10.3 per cent YoY increase in revenue to NGN179.88bn (US$464.57m) for the 9M20, against NGN163.1m in the year-ago period. Its profit after tax from...
EAPCC reports net loss for FY19-20
Kenya-based East African Portland Cement Co (EAPCC) has reported a net loss of KES2.77bn (US$25.46m) for the year ending 30 June 2020, an improvement compared to the KES3.36bn l...
Cementos Molins records net profits of EUR62m for 9M20
Cementos Molins has announced its 9M20 results, with net profits reaching EUR62m, 12 per cent less than the same period last year. In comparable terms of exchange rates and hype...
Saudi Cement sees revenue advance 25% YoY
Saudi Cement saw its revenue advance 24.7 per cent YoY to SAR387m (US$103m) in the 3Q20, supported by a 19.8 per cent growth in cement volumes to 1.6Mt.Gross profits and operati...
Al Jouf Cement sees surge in net profit for the 3Q20
Saudi Arabia’s Al Jouf Cement reported a 643.4 per cent YoY surge in net profit to SAR8.22m (US$2.19m) for the third quarter of 2020, compared to SAR1.1m in the corresponding pe...
LafargeHolcim records 3Q20 net sales of CHF6.46bn
LafargeHolcim recorded 3Q20 net sales of CHF6.455bn (US$7.046bn), down 9.6 per cent on the 3Q19. Recurring EBIT totalled CHF1.45bn in the 3Q20, rising 1.9 per cent YoY. Group ce...
GCC reports a 7% decline in net sales
Mexico’s Grupo Cementos de Chihuahua (GCC) reported a 6.8 per cent YoY decline in consolidated net sales to US$281.1m for the third quarter of 2020, compared with US$301.7m in t...
BUA Cement shows 21% surge in revenue
Nigeria’s BUA Cement has shown 21 per cent growth in revenue for the first nine months of 2020, rising to NGN156.55bn (US$412.05m) from NGN129.43bn in the 9M19. Profit after tax...
Umm Al-Qura Cement announces 37% revenue increase
Saudi Arabia’s Umm Al-Qura Cement has announced a 37 per cent YoY rise in revenue to SAR87.61m (US$23.36m) for the third quarter of 2020, compared to SAR63.96m in the year-ago p...