Lafarge Malaysia sees stable 2015 pretax profit
Lafarge Malaysia Bhd reported a pretax profit of MYR345.157m (US$82.86m) for the financial year ended 31 December 2015 versus MYR345.183m a year earlier. Revenue rose to MYR2...
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Sabanci net profit up 7.6% in 2015
Turkish conglomerate Sabanci Holding posted a net profit of TRL2.236bn (US$750m) in 2015, up 7.6 per cent from a year earlier, it said in a filing to the Istanbul stock exchang...
Cimpor books major loss in 2015
Cimpor's turnover declined by 4.3 per cent in 2015 to EUR2492.7m while EBITDA came off by 18.6 per cent to EUR525.7m. The trading profit emerged 30.2 per cent lower at EUR313.3...
Kenya: EAPCC issues profit warning
Kenya-based East African Portland Cement Co (EAPCC) expects its profit to fall by more than a quarter in the financial year ending June 30 citing year-earlier gains on land sal...
Cementos Argos reports solid final quarter performance
Cementos Argos reported a solid performance in 4Q15, with double-digit growth in consolidated revenues and a significant increase in consolidated EBITDA. The growth resulted no...
Pakistan: Pioneer Cement reports earnings of PKR988m in 1HFY16
Pioneer Cement Ltd reported first-half earnings of PKR988m (US$9.45m) versus PKR1.292bn a year earlier, translating into a decline of 24 per cent. In a communication to the Pa...
Semen Indonesia full-year net profit falls
PT Semen Indonesia Tbk reported an 18.7 per cent drop in 2015 net profit to IDR4.52trn (US$336.56m) versus IDR5.56trn a year earlier. In its financial report published Tuesda...
Vassiliko Cement expects "significant" improvement in 2015 financial results
Vassiliko Cement Works Public Co said it expects to show a "significant" improvement in financial results in 2015 compared to the year before. "The upward trend of the first ...
Bestway consolidated turnover up 45.5%
Bestway Cement Ltd (BCL) said that its consolidated net turnover for the first half of FY15-16 soared by 45.5 per cent YoY to PKR21.1bn, largely due to the acquisition of Pakce...
China Tianrui Group Cement expects 30% drop in 2015 profit
Chinese cement manufacturer China Tianrui Group Cement Co said Thursday it expects its 2015 net profit to drop more than 30 per cent from a year earlier. The decline is attribu...