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Saudi: Umm Al-Qura Cement Co net loss narrows

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, compa...

UltraTech 3Q revenues rise 5%

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 remaine...

Saudi Cement Co reports drop in 4Q profit

Saudi Cement Co reports drop in 4Q profit

Saudi Cement Co reported a 32.8 per cent drop in fourth-quarter net profit on account of lower sales and an impairment charge for two kilns. In the three months to the 31 Decemb...

Bestway boosted by Pakcem contribution

Bestway boosted by Pakcem contribution

Bestway Group of the UK, parent company of Pakistan's largest cement producer, announced that its consolidated turnover for the year ending 30 June 2015 increased by 20 per cent...

Yanbu Cement Co 4Q15 net profit up 8.3% YoY

Yanbu Cement Co 4Q15 net profit up 8.3% YoY

Saudi producer Yanbu Cement Co posted 8.3 per cent YoY growth in net profit to SAR209m (US$55.6m) for the fourth quarter of 2015, up from SAR193m in the prior-year period. The c...

TCC warns on full-year net loss

TCC warns on full-year net loss

TCC International Holdings Ltd said it expects to swing to a net loss for 2015 from a net profit of HKD2.05bn (US$264.5m) in the previous year. The cement producer said the expe...