Sumitomo Osaka raises net-profit forecast
Sumitomo Osaka Cement has raised its net-profit forecast for the year ending 31 March 2027 by 15 per cent to JPY11.5bn (US$72m), partly reflecting higher gains from the disposal...
Profit
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Loma Negra returns to profit in 3Q26
Argentina’s Loma Negra reported a net profit of ARS14.48bn in the third quarter of 2026, reversing a net loss of ARS11.45bn in the year-earlier period. The improvement was princ...
Fauji Cement posts record profit, expands solar capacity
Recently, Fauji Cement Company Ltd has released its annual report covering performance for the financial year ended 30 June 2026. The company has reported a profit after tax of ...
Steppe Cement returns to profit and self-funds US$35m expansion
Steppe Cement reported a first-half profit after tax of US$9m, reversing a US$0.5m loss in the same period of 2025, as higher cement prices and improved operating performance st...
Lucky Cement is reaping the benefits of expansion
According to AKD Research, Lucky Cement has demonstrated prowess in seizing opportunities, particularly through efficient coal inventory procurement, per management guidance. Th...
West China Cement issues profit warning
West China Cement has issued a profit warning for the six months ended 30 June 2022. According to the company, net profit attributable to shareholders is expected to fall by 40-...
Adelaide Brighton pulls 2020 profit guidance
Australia’s Adelaide Brighton has pulled its 2020 profit guidance due to the economic uncertainty resulting from the coronavirus pandemic, but noted it has AUD450m (US$274.55m) ...
Adelaide Brighton issues profit warning for 2019
Australia's Adelaide Brighton has warned that profits for 2019 could be 10-15 per cent lower than the AUD190.1m (US$133m) recorded in 2018, due to weaker demand in residential c...
Chinese cement industry reaches record monthly profit
The profit of the Chinese cement industry reached a record monthly high of CNY14.7bn (US$2.3bn) in April, according to the China Cement Association. Over the first four months o...
Oman Cement profit surges 39%
Oman Cement Co announced that it has achieved a 38.78 per cent growth in net profit, reaching OMR9.68m (US$25.14m) for 9M16, compared to OMR6.98m for the same period a year earl...