Kyzylkumcement sees net profit rise 71%
Uzbekistan’s Kyzylkumcement saw a net profit of US$20.3m in January-June 2020, rising 70.9 per cent YoY. Revenue also advanced 12.4 per cent to US$97.1m. In the 1H20 the plant i...
Business Results
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Breedon Group PLC announces GBP581m revenues for first eight months trading
Breedon Group Plc delivered revenues for the first eight months of the year of GBP531m (2019: GBP624m), including a one-month contribution from its recently-acquired Cemex asset...
Bestway reports 31% drop in FY19-20 turnover
Pakistan-based Bestway Cement reported a gross turnover of PKR63.7bn (US$383.4m) in the financial year ended 30 June 2020, down 19 per cent YoY when compared with PKR79bn in FY1...
China’s cement production up 4% in July
Chinese cement output increased 3.6 per cent in July as a pick-up in the economy drove cement consumption, according to data from the Ministry of Industry and Information techno...
Maple Leaf Cement Factory Ltd posts PKR3.6m loss
Pakistan’s Maple Leaf Cement Factory Ltd (MLCF) has reported a loss of PRK3.559m (US$226.3m) for the year ended 30 June 2020. Brokerage Arif Habib Ltd in a report said, “Topline...
Lafarge Zambia posts losses of ZMW12.3m in 1H20
Lafarge Zambia Plc has posted losses of over ZMW12.3m (US$615,000) during its financial half-year period ending 30 June 2020. The company saw increased production costs and the ...
Taiwan's producers see decline in August revenue
Taiwan’s Universal Cement Corp has reported a 3.5 per cent YoY decline in August revenue to TWD366.9m (US$12.5m), against TWD380.4m in the same month of 2019. However, in the Ja...
Lucky Cement posts 23% rise in August revenue
Taiwan’s Lucky Cement has announced a 22.9 per cent YoY rise in August revenue to TWD366.8m (US$12.5m) from TWD298.5m in the same month of 2019. In the first eight months of 202...
Saudi cement sales rise 38% to 4.3Mt in August 2020
The aggregate sales of 17 Saudi cement producers climbed 38 per cent to 4.3Mt in August 2020, compared to 3.1Mt in the same month last year, reported Yamama Cement Co. As many a...
Fauji Cement posts FY2020 loss of PKR59m
Fauji Cement Co Ltd declared a loss of PKR59m (US$0.355m) for the year ended 30 June 2020. The company earned PKR2.824bn in the year ended 30 June 2019. “FCCL’s topline witnesse...