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Gulf Cement Co returns to profit, UAE

Gulf Cement Co returns to profit, UAE

Gulf Cement Co reported net profits of AED24.54m (US$6.7m) in the fourth quarter of 2015, against losses of AED13.3m (US$3.62m) in the same quarter of 2014, according to a bours...

Pakistan: Cherat Cement 1HFY16 profit rises 6%

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 c...

Akmenes posts decline in 2015 revenue

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 rev...

Cemex Latin American Holdings profits drop 65%

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 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.

Siam Cement posts 29% rise in 4Q net profit

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 bus...