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ARM swings to nine-month net loss, Kenya

ARM swings to nine-month net loss, Kenya

Athi River Mining (ARM) posted an after-tax loss of KES469m (US$4.6m) for the nine months to the end of September 2015, largely attributable to the depreciation in regional cur...

Attock Cement 1Q net profit up 2%

Attock Cement 1Q net profit up 2%

Attock Cement announced a net profit of PKR470m (US$4.5m) in the first quarter (Jul-Sep) of fiscal year 2015-16, up just two per cent compared to the profit it earned in the sa...

Cemex' gearing rises to 183 per cent

Cemex' gearing rises to 183 per cent

During the first nine months of the year, Cemex' turnover declined by 7.2 per cent to US$10,722.4m while the EBITDA was 1.4 per cent lower at US$1,974.3m. The trading profit, h...

CNBM issues 9M15 profit warning

CNBM issues 9M15 profit warning

China National Building Materials (CNBM) warned investors that its nine-month profit will likely plunge 80 per cent from a year earlier, implying that 3Q15 slipped into losses....

ACC sees subdued July-Sept volumes and pricing

ACC sees subdued July-Sept volumes and pricing

LafargeHolcim Indian subsidiary ACC reported flat volumes and subdued selling prices for the July-September 2015 quarter as construction activity and cement demand remained wea...

Maple Leaf Cement 1QFY15-16 profit rises by 55%

Maple Leaf Cement 1QFY15-16 profit rises by 55%

Pakistan-based Maple Leaf Cement net profit surged 55 per cent to PKR846.729m (US$8.1m) in the quarter ended 30 September 2015 versus PKR545.319m a year earlier, the company sa...

UltraTech Cement second-quarter sales ahead

UltraTech Cement second-quarter sales ahead

Aditya Birla group company UltraTech Cement reported higher revenue and volume growth for the second quarter of FY16 as well as a better operational performance during the peri...