Lafarge improves operational performance
Full-year 2012 results published by global cement major Lafarge showed strong growth in emerging markets and improvements in operational performance, and it now expects to meet...
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Adelaide Brighton posts modest rise in net profit, Australia
Australian building materials producer Adelaide Brighton has posted a 3.8 per cent rise in net profit as mining and resources projects in certain regions offset weakness in res...
Fauji Cement swings to profit, Pakistan
Fauji Cement reported a rise in net profit in the first half of FY13 compared to a loss in the same period of last year. The Pakistan-based producer also reported a strong rise...
Sanghi Industries 2QFY13 sales up 26%
Sanghi Industries reported a 26 per cent rise in turnover for the second quarter of the year ended 31 December to INR286.3 crore. According to reports in the Business Standar...
Holcim Croatia posts operating loss amid challenging market conditions
Holcim Croatia posted an operating loss of around HRK18.8m (EUR2.5m) last year as the domestic cement industry continues to face difficulties, and the near-term outlook for dem...
Tasek 4Q net profit falls 71% on pricing pressure, Malaysia
Tasek Corporation Bhd reported a 71 per cent YoY drop in fourth-quarter 2012 net profit, mainly due to a lower performance of its cement division as a result of pricing pressur...
Raysut Cement’s 2012 net profit rises 64.1%, Oman
Raysut Cement, Oman’s largest cement producer, reported a 64.1 per cent YoY growth in net profit for 2012 and revenues also increase fuelled by increasing demand. Net profit...
India: JK Lakshmi hit by slower demand, higher costs
JK Lakshmi has reported subdued performance for the third quarter of the current fiscal year due to high freight costs and flat growth in dispatches. Profits declined by 16 ...
Vulcan looks for further improvements in 2013
Vulcan Materials' turnover edged up by 0.1 per cent last year to US$2567.3m, marking the second consecutive year of virtually static sales. EBITDA, again little changed, ea...
Saudi Cement net profit rises 32.3% in 2012
Saudi Cement Company said today its net profit for 2012 rose 32.3 per cent YoY to SAR1.1bn (US$293m) thanks to higher demand. Earnings per share stood at SAR7.2, up from SAR...