Pakistan: Cherat Cement 1HFY16 profit rises 6%
Pakistan producer Cherat Cement Co reported a profit after tax of PKR676.2m (US$6.48m) in the first half of FY16 versus PKR639.8m a year earlier, which translates to a six per ...
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Akmenes posts decline in 2015 revenue
Lithuania's sole cement manufacturer Akmenes Cementas posted a decline of around six per cent in 2015 revenue to EUR55.4m from EUR59.2m a year earlier. Nearly 50 per cent of...
Cemex reports positive net income for the first time in six years
Cemex announced yesterday that, on a like-to-like basis for the ongoing operations and adjusting for currency fluctuations, consolidated net sales increased by two per cent dur...
Cemex Latin American Holdings profits drop 65%
Cemex Latin American Holdings saw turnover decline by 17.3 per cent to US$1427.1m and EBITDA dropped by 22 per cent to US$449.8m with the margin declining from 33.5 to 31.5 per...
Vicat underlying turnover eases by 4.4%
Vicat's turnover improved by 1.5 per cent in 2015 to EUR2458m, which translates into an underlying decline of 4.4 per cent on a like-for-like basis. Turnover in cement advan...
India: Shree Cements reports 10% rise in quarterly net profit
Shree Cements reported a 10 per cent rise in standalone net profit at INR10.286bn (US$0.151m) for the quarter ended 31 December 2015 compared to a profit of INR9.368bn a year e...
Siam Cement posts 29% rise in 4Q net profit
Siam Cement Plc posted a 29 per cent increase in fourth-quarter net profit as better earnings from its chemical unit outweighed weakness in cement and the building materials bu...
Sumitomo Osaka 9M operating profit seen rising 11%
Japanese cement producer Sumitomo Osaka Cement likely will report an 11 per cent rise in operating profit of around JPY17bn (US$142m) for the nine months ended in December, as ...
Saudi: Umm Al-Qura Cement Co net loss narrows
Umm Al-Qura Cement Co saw its full-year net loss narrow in 2015 to SAR24.07m compared to a net loss of SAR28m a year earlier. Operating losses were also down to SAR21.96m, co...
UltraTech 3Q revenues rise 5%
Indian cement major UltraTech Cement reported five per cent revenue growth for the 3QFY15-16, driven by seven per cent volume growth while the cement pricing environment remain...