Ashaka Cement sees profits rise 54 per cent
Nigeria-based Ashaka Cement plc has reported a YoY increase in profits of 54 per cent from NGN1.614bn (US$10.3m) to NGN2.489bn for 2Q2012 ended 30 June 2012. The company saw tu...
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Fauji Cement reports PKR377m in FY12 profit
Pakistan’s Fauji Cement Company Limited (FCCL) reported PKR377m (US$3.97m) profit after paying tax in FY12 compared with PKR359m in FY11. Though FCCL achieved a 3.7x YoY gro...
Higher sales boost Qassim Cement 1H12 net profit, Saudi Arabia
Saudi cement producer Qassim Cement Co (QCC) posted a 5.3 per cent rise in net profit to SAR307.4m (US$82m) for the first half of 2012, up from SAR291.8m a year ago, which the ...
Buzzi Unicem: August '12
Buzzi Unicem reported a 2.6 per cent drop to 13.1Mt in group cement sales in 1H2012 with Russia, the US, Mexico and Ukraine making positive contributions. Ready-mix concrete pr...
Fauji Cement increases full year profit, Pakistan
Profit after tax of Fauji Cement Company Limited increased to PKR552.590m in the year ended 30 June 2012 (FY12) compared to PKR425.661m in the same period in FY11. According ...
Yamama Cement 1H net profit rises 22%, Saudi Arabia
Saudi cement producer Yamama Cement Company reported a 22 per cent YoY rise in its net profit to SAR487m (US$129.8m) for the first half of 2012, up from SAR400m a year ago. Th...
Steppe Cement posts first half loss, Kazakhstan
Kazakhstan-based cement producer Steppe Cement Ltd posted a consolidated loss after tax of US$0.1m for the six months ended 30 June 2012. Revenue six months ended June 30 were...
DG Khan full-year profit rises, Pakistan
Pakistan cement producer DG Khan Cement reported a profit-after-tax of PKR4.10bn (US$43.3m) for the year ended June 30 2012, compared to PKR170.96, earned in the previous year,...
Cement Hranice 2012 outlook, Czech Republic
Despite reporting an increase in 2011 cement sales, Czech cement producer Cement Hranice company expects a decline this year the Euro zone sovereign debt crisis and a continuin...
GCC profits rise 27.1 per cent in 1H12
Profits of the Gulf Cooperation Council (GCC) cement sector increased 27.1 per cent YoY in the first half of 2012 to US$971.5m from US$764m in the same period of 2011, the late...