Martin Marietta sees record revenue in 1Q22
Martin Marietta’s building materials business has reported record 1Q22 products and services revenues of US$1077m, up 25.7 per cent YoY. According to the company, across all end...
Financial Results
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Bamburi Cement full-year profit rises
Bamburi Cement Group reported a pre-tax profit of KES2.2bn (US$19m) in 2021, representing a 22.3 per cent YoY increase from KES1.8bn in 2020. The advance comes on the back of im...
FLSmidth suspends financial guidance for 2020
FLSmidth has suspended its financial guidance for 2020, following the global uncertainty caused by the global COVID-19 pandemic. "The underlying mining and cement industries rem...
FLSmidth adjusts 2019 EBITDA guidance
FLSmidth revises its financial guidance for the full-year 2019. Revenue is now expected to be in the range of DKK20-21bn (US$2.95-3bn). The EBITA margin is now expected to be ar...
Pioneer Cement reports 1HFY18 profit fall
Pioneer Cement Ltd has announced that its net profit for the period 1HFY18 fell by 51 per cent to PKR737m (US$6.6m). T
DG Khan Cement sees net profit fall by 17% in 1HFY18
DG Khan Cement (DGKC) of Pakistan has announced that its net profit for
Star Cement records 10% rise in operating revenue
Star Cement Ltd has released its results for the third quarter of FY17-18, showing a growth in operating revenue of 10.1 per cent YoY. Adjusted for excise duty, this translates ...
JK Cement reports 10% increase in net profit
JK Cement has reported a 9.77 per cent YoY increase in net profit for the quarter ending 31 December 2017. This translates to a total of INR7.2bn (US$112.2m), compared to INR6.6...
Pakistan cement sales expected to rise 22%
Pakistan cement sales are expected to post a 22 per cent YoY growth for January 2018. This translates to an increase of 3.7Mt from the year-ago period, mainly supported by high ...
National Cement posts net loss in 1HFY18
National Cement has announced that its losses increased during the first half of FY18, ended December 2017. The loss increased by 136.7 per cent, to EGP496m (US$28m) from EGP209...