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Hail Cement 2Q15 net earnings down 28%

Hail Cement 2Q15 net earnings down 28%

Saudi-based Hail Cement reported net earnings of SAR28.6m during the second quarter of 2015, down 38 per cent compared with SAR46m in the comparative period of last year. Net ...

OCC first-half net profit down

OCC first-half net profit down

Oman Cement Co (OCC) net profit declined by just over 40 per cent in the first half of this year to OMR5.44m (US$14.1m) from OMR9.09m in 1H14, the company said in its filing of...

Semen Baturaja sales up by a quarter

Semen Baturaja sales up by a quarter

Indonesia's state-owned cement producer PT Semen Baturaja Tbk has posted sales of over 600,000t so far this year, up 25 per cent from the same period last year, Reuters reporte...

Yanbu 2Q earnings rise to SAR246m

Yanbu 2Q earnings rise to SAR246m

Saudi producer Yanbu Cement Co (YCC) posted SAR246m (US$66m) in net earnings for the second quarter of 2015, rising 2.07 per cent compared with SAR241m in the same period a yea...

South Africa: Sephaku revenue up 36%

South Africa: Sephaku revenue up 36%

Dangote-backed Sephaku Cement said on Friday that its revenue for the year ended March rose by 36 per cent as EBITDA increased by 39 per cent to ZAR139m (US$10.2m). Operating p...

Pakistan: Dewan Cement restructuring debt

Pakistan: Dewan Cement restructuring debt

Dewan Cement Ltd (DCL) has taken steps to ease debt burden and improve production efficiency. According to a local brokerage house, the company has taken the first step in c...

CMS sees strong start to the year, Malaysia

CMS sees strong start to the year, Malaysia

Caha Mata Sarawak Bhd (CMS) reported a total revenue of MYR491m (US$132.3m) for the first quarter of 2015, an increase of 32 per cent from MYR373.24m a year earlier. Pretax pro...