Cementir improves profits in spite of lower volumes
Cementir Holding saw turnover advance by 4.6 per cent to €976.2m, helped by better prices, and the EBITDA improved by 11.1 per cent to €138.0m. Net debt at the end of 2012 was ...
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Fitch Affirms Siam Cement at 'A(tha)'; Outlook Stable
Fitch Ratings (Thailand) Limited has affirmed The Siam Cement Public Company Ltd's (SCC) national long-term rating at 'A(tha)', its national short-term rating at 'F1(tha)' and ...
Lucky Cement first-half boosted by higher prices, Pakistan
Pakistan’s leading cement producer Lucky Cement has recorded a strong rise in profit for the first half of the current fiscal year, driven by higher selling prices. Profit f...
Yanbu Cement full-year net profit rises 36% YoY
Saudi cement producer Yanbu Cement Co (YCC) reported a surge in full-year net profit thanks to increased demand and a new production line as top capacity players benefit from t...
Xinjian Tianshan Cement expects 75 per cent net profit drop, China
Xinjiang Tianshan Cement Co Ltd, a Shenzhen-listed cement producer, estimated 25 January that net profit for 2012 to be about CNY305m (US$49m), a a YoY decline of 75 per cent.
Dyckerhoff to take impairment charge on Russian project
German cement major said it is to take an impairment charge of approximately EUR26m on fixed assets due to a cement project in Russia that was halted in 2009. Due to the imp...
Boral lifts 1HFY13 net profit guidance, Australia
Boral Ltd today announced that following stronger-than-expected performance in the December 2012 quarter, it expects net profit after tax (before significant items) for the fir...
Oman Cement net profit rises 37% in 2012
Oman Cement Company announced a 37 per cent rise in net profit in 2012 following a rise in revenue. Net profit for the 12 months to December 2012 climbed to OMR17.5m (US$45....
Shree Cement sees jump in third-quarter net profit, India
India-based producer Shree Cement reported a 267 per cent rise in net profit to INR2174.4m (US$40.4m) for the third quarter of FY12-13 compared to INR591.9m in the same period ...
UltraTech 3Q hurt by subdued demand, higher freight costs
India’s largest cement manufacturer UltraTech Cement reported a 2.6 per cent fall in net profit for the third quarter of the current fiscal as a slowdown in construction activi...