Buzzi Unicem returns to a net profit
On a turnover just 0.1 per cent lower at EUR2506.4m, Buzzi Unicem's underlying EBITDA did increase by 7.1 per cent to EUR404.8m in 2014, while at the headline level there was a...
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Dangote Cement pretax profit down 3.2%
Dangote Cement's pretax profit fell 3.2 per cent to NGN184.68bn (US$928m) last year due to a gas shortage and the impact of wet weather on construction activity, the company sa...
Lafarge Cement Zimbabwe full-year volumes down
Lafarge Cement Zimbabwe's volumes came off by 7.4 per cent to 312,000t for the year ended 31 December 2014 from 337,000t in the prior year. The decline in sales was attributed...
ARM posts flat full-year pretax profit
Kenya's ARM Cement posted a pretax profit of KES2.02bn (US$22m) for 2014, up one per cent YoY. The cement maker, which also has operations in Tanzania, said its revenue for th...
China Tianrui Group Cement profit inches up
China Tianrui Group Cement Co posted a net profit of CNY565m (US$91m) in the full year ended 31 December 2014, climbing 1.07 per cent from a year earlier. Basic earnings per sh...
Hetauda reports accumulated loss of US$6.42m at end-2014
Nepal-based Hetauda Cement Industries Ltd (HCIL) reported an accumulated loss of US$6.42m at the end of its 2014 financial year. "We faced a loss of US$692,829 in 2011-12 and...
Sabanci cement unit seeks acquisition opportunities
Turkey-based Sabanci Holding's cement business expects its sales to rise 10-15 per cent this year after posting a 16 per cent increase to TRL2.5bn (US$980m) in 2014, the cement...
Anhui Conch full-year profit rises 17%
Anhui Conch Cement Co's net profit rose 17 per cent in 2014 but warned that the cement sector in its home market of China was under pressure as the economy slowed. The company...
Dalmia Cement (Bharat) reports rise in 3Q volumes
Dalmia Cement (Bharat) Ltd announced its financial results for the quarter ended 31 December 2014, reporting a YoY increase in volumes and income. Income rose to INR7.94bn fr...
Eurocement-Ukraine net loss widens
Eurocement-Ukraine (Kharkiv region) reported loss of UAH258.279m (US$10.3m) for 2014 compared to a loss of UAH 21.1m the year before. Ukrainian News reported that as at late 2...