Morgan Stanley rates UltraTech Cement rated ‘Overweight’
UltraTech Cement has been rated ‘Overweight’ by Morgan Stanley with the EBITDA beat driven by costs, the research house notes. Morgan Stanley cited gradual improvement in in...
Results
1,236 posts · Page 29 of 124
Semen Baturaja reports IDR259bn net profit in 2016
Indonesia state-owned cement producer Semen Baturaja reported an IDR259bn (US$19.4m) in net profit last year, ANTARA News reports. At the company's annual general meeting on...
Holcim Philippines sees 'challenging' 1Q17
Lower public infrastructure spending, tighter industry competition and higher production expenses led to a dip in Holcim Philippines' first-quarter financial performance, the ...
Anhui Conch attributable profit up 86%
Anhui Conch Group’s net profit attributable to equity shareholders increased by 86.41 per cent YoY in the first quarter of this year to CNY2.153bn (US$312m). Operating profit...
Yanbu reports decline in 1Q profit
Saudi-based Yanbu Cement’s profits declined by 27.49 per cent YoY to SAR124m (US$33m) in the first quarter of 2017 from SAR171m. The decline in profits was attributable to wea...
CRH sees 4% advance in 1Q sales
CRH reported a ‘satisfactory’ start to 2017 with first quarter sales up four per cent compared with a strong first quarter of 2016 which benefitted from very mild weather condi...
Lafarge Africa revenue rises
Lafarge Africa Plc announced a profit after tax of NGN5.2bn (US$17m) versus NGN1.9bn in the same period of last year driven by an increase in revenue, comparatively higher gros...
Pacasmayo's volumes impacted by El Niño effect
Peruvian producer Cementos Pacasmayo SAA and its subsidiaries saw revenues decrease by 9.3 per cent and sales volumes of cement, concrete and blocks fell by 12.2 per cent prima...
UltraTech Cement FY17 sales edge ahead
UltraTech Cement, an Aditya Birla group company, yesterday reported consolidated sales for FY17 of INR250.92bn (US$3.89bn) against INR248.8bn in the previous year. Profit be...
Lucky Cement 9MFY16-17 profit and volumes increase
Lucky Cement achieved a profit before tax of PKR14.668bn (US$140.2m) during the first nine months of FY16-17 compared to the PKR13.395bn recorded in the same period a year earl...