Umm Al Qura Cement Q3 losses widen 75%, Saudi Arabia
Umm Al Qura Cement posted SAR1.7m (US$0.45m) in net loss for the third quarter of 2015, a rise of 75 per cent from SAR6.9m (US$1.8m) logged in the same period a year earlier. ...
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Saudi Cement third-quarter earnings down 10%
Saudi Cement Co posted net earnings of SAR208m (US$55.5m) for the third quarter of 2015, down 10.34 per cent compared with SAR232m a year earlier. Net earnings for the nine-mo...
Southern Province Cement posts 29% drop in 9M15 net earnings
Saudi producer Southern Province Cement Co posted net earnings of SAR202m (US$53.9m) for the third quarter of 2015, down 29 per cent compared with SAR285m a year earlier. Net ...
Oman: Raysut’s nine-month net profit down
Oman’s largest cement producer, Raysut Cement Co (RCC), said its net profit for the first nine months of this year fell 24.24 per cent to OMR15.81m (US$41m). The company’s rev...
Yanbu Cement Co nine-month net profit down 2%
Saudi-based Yanbu Cement Company reported a two per cent decline in net profit over the first nine months of 2015 to SAR597m (US$159m), compared to SAR609m in the same period o...
China Resources Cement issues profit warning
China Resources Cement (CRC) has said that based on the preliminary assessment of the group’s unaudited consolidated management accounts for the nine months ended 30 September ...
Lafarge Zimbabwe reports half-year loss
The local Zimbabwe unit of LafargeHolcim reported an after tax loss of ZMD1.39m for the half year to June from a loss of ZWD1.32m in the prior comparable period, on weak demand...
Qalaa Holdings first-half revenues up by a third, Egypt
Qalaa Holdings (formerly Citadel Capital) released its consolidated financial results for the quarter ending 30 June 2015, reporting revenues of EGP2086.8m, up 33.7 per cent c...
PT Semen Baturaja eight-month net profit rises 27% YoY
PT Semen Baturaja Tbk reported a 27 per cent YoY increase in net profit to IDR224.7bn (US$15.3m) in the first eight months of the year, with strong sales growth seen by the pub...
Tanzania: Tanga six-months hit by devaluation of shilling
Tanga Cement Company has registered a net loss of TZS6.94bn- for the six months to June 2015, compared to a profit of TZS8.60bn in the corresponding period of year. Manageme...