Pakistan cement sector profitability improves in FY12
Pakistan’s cement sector closed FY12 with profitability growing eight per cent with improvements being seen for both larger and smaller producers. Total industry sales were 32...
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Indian producers seen posting higher 2QFY13 figures
Indian cement manufacturing companies are expected to put up a robust performance this quarter owing to higher dispatches and lower raw material costs. The Economic Times of In...
Saudi Cement's 1H12 sales surge 45%
Saudi Cement Company (SCC) said that its net profit for the six months through June 2012 rose 45 per cent YoY to SAR615.8m (US$164.2m) from SAR424.6m a year earlier. The compa...
Adelaide Brighton full year earnings on track, Australia
Adelaide Brighton has confirmed it is on track to meet its 2011-12 earnings guidance, underpinned by its exposure to the resource and infrastructure sectors. Speaking to the ...
Eastern Province Cement 1H12 net profit rises 12.5 per cent, Saudi Arabia
Eastern Province Cement Company (EPC) recorded a SAR207m (US$55.2m) net profit for the first half of 2012, up from SAR184m a year ago, an increase of 12.5% YoY. The company at...
Yanbu Cement sees 22 per cent rise in 3Q net profit, Saudi Arabia
Yanbu Cement’s net profit rose 22 per cent YoY in 3Q12 to SAR152m (US$40.5m) from SAR125m due to increased sales, according to a statement to the Saudi bourse. (Bloomberg)
Bestway Cement's full year profit increases, Pakistan
Pakistan-based cement producer Bestway Cement announced that its profit after tax increased to PKR3.06bn in the year ended 30 June 2012 (FY12) compared to PKR179.230m in the co...
Texas Industries reduces quarterly net loss, USA
Texas Industries, Inc reported a net loss of US$2.7m for the quarter ended 31 August 2012, against a loss of US$7.4m in the same period of last year as shipments and pricing im...
Fecto Cement's profit after tax increases, Pakistan
The profit after tax of Pakistan cement producer Fecto Cement Ltd increased to PKR346.729m in the year ended June 30, 2012 (FY12) compared to PKR65.433m earned in the correspon...
Paraguay’s cement sales pick up in July-August
Cement sales in Paraguay increased in July and August, even before the reactivation of public works. In fact, the two months were the first in the year in which Industria Nacio...