Bamburi first-half pretax profit jumps 94%
Bamburi Cement reported a 94 per cent jump in first-half pretax profit from a year earlier to KES4.5bn (US$43m). According to Reuters, the company attributed the strong perfor...
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CRH's first-half driven by the Americas
CRH's first half turnover advanced by 12.6 per cent to €9,370m and the EBITDA improved by 9.9 per cent to €555m. The trading profit increased by 11.2 per cent to €189m and afte...
CMS Bhd reports stable earnings, Malaysia
CMS Bhd (CMSB) reported a total revenue of MYR867.84m (US$206m) for the first half of 2015, a rise of 14.7 per cent on the MYR756.6m recorded a year earlier. Pretax profit in t...
Semen Indonesia's profit may ease this year
Semen Indonesia expects its net profit to drop this year as slowing demand and rising costs put pressure on the company's margin. "We expect revenue to be maintained [at the s...
FLSmidth updates full-year guidance
FLSmidth’s order intake and revenue showed solid growth in the second quarter of this year supported by currency developments. However, the company noted that the outlook for t...
Higher production costs take toll on TPCC's half-year results
Tanzania Portland Cement Co (TPCC) posted a net profit of TZS22.17bn (US$10.4m), down 18.3 per cent from the TZS27.14bn recorded during the corresponding period last year. Fir...
CNBM reports 56% drop in first-half profit, China
China National Building Materials (CNBM) reported a 56 per cent decline in net profit for the first half of 2015, in line with the recent profit warning. JP Morgan's Asia Met...
Dangote Cement
Dangote Cement reported a 15.9 per cent YoY increase in first-half 2015 revenue, as production at its non-Nigerian factories ramps up. Net profit over the period grew by 27.6 p...
Malaysia: YTL Corporation Bhd full-year pretax profit down 15.7% YoY
YTL Corporation Bhd's pre-tax profit for the financial year ended 30 June 2015 fell to MYR2.37bn (US$562m) from MYR2.81bn a year earlier. Revenue decreased to MYR16.8bn from M...
China: Huaxin first-half profit plunges 82%
Huaxin Cement reported 1H15 net profit of CNY89m, down 82 per cent YoY, in line with the company’s guidance at the end of July indicating a drop of 80-85 per cent. The Holci...