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Ashaka Cement pretax profit rises 84.5%

Ashaka Cement pretax profit rises 84.5%

Nigeria's Ashaka Cement 2014 pretax profit rose 84.5 per cent to NGN5.25bn (US$26m) from year ago, the company said on Tuesday. Revenue declined by 2.58 per cent during the peri...

Buzzi Unicem returns to a net profit

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 ...

Dangote Cement pretax profit down 3.2%

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 sai...

Lafarge Cement Zimbabwe full-year volumes down

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 t...

ARM posts flat full-year pretax profit

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 the ...

China Tianrui Group Cement profit inches up

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 sha...

Anhui Conch full-year profit rises 17%

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 r...