LafargeHolcim Maroc sees 66% rise in 2Q revenue
LafargeHolcim Maroc saw a 66 per cent rise in revenues to MAD2078m (US$232.4m) in the second quarter of 2021 from MAD1252m in the 2Q20. The positive trend has been attributed ma...
North Africa
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Misr Cement (Qena) posts 9% profit increase
Egypt’s Misr Cement (Qena) has recorded a 9.2 per cent YoY advance in consolidated net profit for the January-June period of 2021, rising to EGP69m (US$4.39m) from EGP63m in the...
Morocco’s cement market slips 16% in July
Cement sales in Morocco declined 16.3 per cent YoY to 898,429t in July 2021 from 1,073,680t in July 2020, according to the Ministry of Housing and Urbanisation, which cites data...
Arabian Cement Co sees net loss widen in 1H21
Egypt’s Arabian Cement Co has seen its consolidated net loss after tax widen to EGP23.28m (US$1.48m) in the first half of 2021, compared to EGP5.63m in the year-ago period. Sale...
Carthage Cement posts 61% rise in turnover
Tunisia’s Carthage Cement has posted a 61 per cent YoY rise in turnover to TND163.8m (US$59.09m) for the first half of 2021, against TND102m in the same period of last year. Cli...
Morocco's cement consumption up 21% in June
Cement deliveries by Asment Temara, Ciments de l'Atlas, Ciments du Maroc and LafargeHolcim Maroc increased by 20.6 per cent to 1,363,579t in June 2021, up from 1,130,864t in Jun...
Asment Temara’s automated truck dispatch approach Premium
Votorantim Cimentos Morocco has implemented a new automatic truck dispatch system to manage the flow and loading of trucks within its Asment Temara cement works. The move is par...
Les Ciments de Bizerte reports 7% revenue increase
Tunisia’s Les Ciments de Bizerte has reported a TND421,000 (US$152,235) net loss in the year ended 31 December 2020, against a TND9.4m net loss in the previous year. Revenue als...
Sinai Cement sees net sales rise 34% YoY
Egypt’s Sinai Cement has seen its net loss widen to EGP147.97m (US$9.45m) in the first quarter of 2021, compared to EGP105.8m in the year-ago period. However, net sales increase...
South Valley Cement's net losses narrow in first quarter
Egypt’s South Valley Cement has posted a net loss of EGP35.69m (US$2.28m) during the first quarter of 2021, compared to a net loss of EGP41.39m in the year-ago period. The compa...