Lafarge Nigeria pretax profits more than doubles
Lafarge's Nigerian unit, WAPCO, said its full-year pretax profit more than doubled to NGN21.26bn (US$134.26m), compared with NGN10.34bn a year ago. Turnover also rose to NGN8...
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Kuwait Cement Company net profit edges higher
Kuwait Cement Company recorded a net profit of KWD14.78m (US$51.9m) in 2012, up 3.6 per cent from KWD14.27m a year earlier, the company said in a bourse filing. The cement pro...
Eurocement Ukraine swings to profit
Eurocement Ukraine has reported a rise in net profit for 2012 of UAH37.433m (EUR4.6m) compared to a loss of UAH46.048m in 2011. The company is a subsidiary of a subsidiary o...
Huaxin Cement sees net profit down 48.32% in 2012
Huaxin Cement Co Ltd, part of the Holcim Group, said net profit last year fell 48.32 per cent to CNY556m (US$91m). It attributed the reduction to severe price competition and i...
Anhui Conch net profit hit by weaker prices, China
Anhui Conch reported a 45.6 per cent in net profit for 2012 due to weaker average selling prices. The company reported net profit of CNY6.31bn (US$1bn) last year as average ...
Asia Cement (China) net profit falls 70%
Asia Cement (China, a subsidiary of Taiwan-based Asia Cement, has reported a drop in annual net profit and revenue due to declining prices. The company posted net profit of ...
Cimpor: restructured for growth
Following the restructuring of Cimpor and asset swaps with InterCement Austria Holding, the Portuguese cement major is looking forward to an increased footprint in Latin Americ...
Credit Suisse lowers China Shanshui Cement target price
Credit Suisse lowered its target price for China Shanshui Cement to HK$4.2 from HK$5.5, and maintained its "neutral" call. The house expects unit gross profit to soften in 201...
ARM Cement boosted by higher sales
ARM Cement, Kenya's second-largest producer, has reported an eight per cent advance in 2012 net profit and says it expects improved profitability on the back of new capacity. ...
Lafarge Pakistan Cement swings to profit
Lafarge Pakistan Cement (LCP) has earned a net profit after tax of PKR1.488bn (US$15.17m) for the year ending 31 December 2012, compared to a loss of PKR118.42m in the previous...