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Semen 1Q profit hit by lower prices

Semen 1Q profit hit by lower prices

Indonesia's biggest cement producer, PT Semen Indonesia Tbk, posted a 8.5 per cent drop in first-quarter net profit from a year earlier on the back of lower selling prices and ...

Shree net profit down on weaker sales, India

Shree net profit down on weaker sales, India

Shree Cements on Wednesday reported a 46.39 per cent dip in standalone net profit at to INR1.198bn (US$18.8m) for the third quarter that ended on 31 March 2015 due to a decline...

Fauji Cement first-quarter profit up 32%

Fauji Cement first-quarter profit up 32%

Pakistan-based cement producer Fauji Cement Company Ltd (FCCL) has announced a net profit of PKR981.951m (US$9.65m) for the quarter ended 31 March 2015, a rise of 32 per cent f...

Conch's 1Q15 earnings fall 31%

Conch's 1Q15 earnings fall 31%

Anhui Conch reported 1Q15 net profit of CNY1.7bn (US$274m), down 31 per cent YoY. Sales declined 11 per cent YoY driven by almost a 20 per cent decline in average selling price...

Asia Cement issues profit warning, China

Asia Cement issues profit warning, China

Asia Cement (China) said it expects to record a substantially lower  – over 95 per cent – net profit for the first quarter of 2015 compared with the same period of last year. ...

Cemex improves first-quarter trading profit

Cemex improves first-quarter trading profit

Cemex' first-quarter turnover declined by 5.3 per cent to US$3399.87m, but EBITDA did improve by 6.3 per cent to US$568.54m. Helped by a 12.7 per cent reduction in the deprecia...

Bestway acquires Lafarge Pakistan unit

Bestway acquires Lafarge Pakistan unit

Bestway Cem­­­ent Ltd, a subsidiary of Bestway Group, has taken management control of Lafarge Cement's plant located near Kallar Kahar, Pakistan. To mark the acquisition, ...

Ha Tien 1 Cement net profit surges, Vietnam

Ha Tien 1 Cement net profit surges, Vietnam

Ha Tien 1 Cement JSC (HT1) said its net profit jumped to VND250.36bn (US$11.64m) in the first quarter of this year, from VND2bn in the same period of 2014, thanks to an increas...