Yanbu Cement sees a 33% rise in net profit
Saudi Arabia’s Yanbu Cement has seen a 5.4 per cent YoY increase in revenue to SAR240m (US$64m) for the third quarter of 2020, against SAR227.97m in the 3Q19. The company also s...
Business Results
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Raysut Cement reports 5% fall in revenue
Oman’s Raysut Cement has announced its unaudited results for the 9M20, reporting a five per cent YoY fall in revenue to OMR65.24m (US$169.67m) from OMR62.13m in the year-ago per...
Taiwanese manufacturers report 9M20 results
Taiwan Cement Corp has seen a 3.7 per cent YoY fall in September revenue to TWD9.75bn (US$340.96m) from TWD10.12bn in the same month last year. In the first nine months of 2020,...
Steppe Cement sees 5% revenue increase for the 3Q20
Kazakhstan’s Steppe Cement saw a 5.2 per cent YoY increase in revenue to KZT11.11bn (US$26m) for the 3Q20, up from KZT10.56bn a year earlier. However, its sales volume declined ...
Universal Cement Corp sees 9% rise in revenue in 9M20
Taiwan’s Universal Cement Corp saw a 15.3 per cent YoY rise in revenue in September 2020 to TWD450.89m (US$15.73m) from TWD391.2m in the same month last year. In the first nine ...
Qalaa Holdings achieves 105% YoY growth in 2Q20
Qalaa Holdings has reported its consolidated financial results for the quarter ended 30 June 2020, with revenues of EGP7.4bn (US$470m), up 105 per cent YoY. " Qalaa’s performanc...
PPC delays FY20 earnings results
PPC of South Africa has delayed the release of its full-year earnings for a third time as it finalises its financing. The new date for the financial disclosure is now set for 5 ...
India Cements expects improvement
India Cements’ Managing Director, N Srinivasan, has announced that the company expects an improvement in performance going forwards. "With further relaxation of lockdown measure...
Fauji Cement sees 17% fall in net sales
Pakistan’s Fauji Cement has released its full annual report for the FY19-20 period, ending 30 June 2020, showing a 17.1 per cent YoY fall in net sales to PKR17.23bn (US$103.7m) ...
Arabian Cement sets sales targets
Egypt’s Arabian Cement Co has set a domestic sales target of 3.94Mt of cement in 2020, the same value as last year, according to Sergio Alcantarilla, company CEO. Despite outlin...