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...
Indian Sub-Continent
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Tokyo Cement (Lanka) Plc increases profits by 163% in FY2Q21
Tokyo Cement (Lanka) Plc reported earnings of LKR2.12bn (US$11.49m) for the FY2Q21 on revenues of LKR11.4bn. Profits and revenues were up 163 per cent and 13 per cent, respectiv...
Ramco Cements posts 40% increase in net profit
India’s Ramco Cements has reported a 40 per cent YoY increase in net profit to INR2.36bn (US$31.69m) for the second quarter of the FY20-21. However, revenue was down 4.6 per cen...
India: beyond the headwinds Premium
India has become the second-worst affected country by the COVID-19 health crisis. Consequently, construction activity has taken a hit and cement demand saw a dramatic collapse i...
Pakistan records 33% growth in October cement dispatches
Pakistan's domestic and overseas cement dispatches figures for October 2020 are officially yet to be released by the All Pakistan Cement Manufacturer Association (APCMA), but Lu...
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...
Fecto Cement records 21% rise in net sales
Pakistan’s Fecto Cement saw its net sales advance 20.5 per cent YoY to PKR1.08bn (US$6.76m) in the third quarter of 2020, against PKR897.7m in the year-ago period. The company a...
Kohat Cement Co announces US$21.67m expansion programme
Kohat Cement Co Ltd (KOHC) in Pakistan announced a big expansion programme in the north of the country at an estimated cost of PKR3.5bn (US$21.67m). KOHC will implement three pr...
Ambuja Cements reports 51% increase in net profit
India’s Ambuja Cements reported a 50.5 per cent YoY rise in consolidated net profit to INR8.04bn (US$109.15m) for the July-September quarter this year, compared to INR5.34bn dur...
Gharibwal Cement sees revenue advance 27% YoY
Pakistan’s Gharibwal Cement has reported a 27 per cent YoY rise in unaudited revenue for the quarter ending 30 September 2020, increasing to PKR2.6bn (US$16.19m) from PKR2.06m. ...