KHD closes 2014 with EBIT advance
KHD Humboldt Wedag International AG (KHD) reported EBIT of EUR 1.1m in the 2014 financial year, despite slightly lower revenue. The German equipment manufacture yesterday said...
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Moody's: WCC's weakened 2014 results to have no impact on ratings
Moody's Investors Service says that West China Cement Ltd's (WCC) weakened 2014 results are in line with the rating agency's expectations and will have no immediate impact on t...
HeidelbergCement ‘confident’ on 2015 outlook
HeidelbergCement’s 2014 consolidated financial results show increases in revenue and operating income, and significant increases are expected for the year in hand. The group'...
Fitch expects negative impact on Lafarge credit profile if Holcim merger fails
A failure of the proposed merger between Lafarge and Swiss Holcim would have negative effect on the credit profile of the French company, Fitch said. According to the rating ...
Cherat’s first-half boosted by domestic deliveries
Cherat’s Cement’s domestic sales increased by 10 per cent during the first half of the current Pakistan fiscal boosted by strong construction activity. Total dispatches over th...
Lafarge Zimbabwe revenue declines 11%
Lafarge Cement Zimbabwe recorded a 11 per cent decline in turnover to US$60.4m for the year ended 31 December due to a drop in volumes and prices. In the period under review ...
TCC International Holdings net profit rises 22.5%
TCC International Holdings Ltd said net profit surged 22.5 per cent to US$264m. The Chinese cement producer attributed the profit rise to strong sales in southern China, where ...
Macedonia: Usje's unconsolidated net profit falls
Macedonia's sole cement producer Usje said on Tuesday its unconsolidated net profit fell five per cent to MKD1.46bn (EUR23.7m) in 2014. Operating revenue rose two per cent to ...
Challenging year in store for Holcim Indonesia?
Holcim Indonesia will be challenged by tighter competition and high debt levels that could spike costs this year, according to a report by Bahana Securities has said after the ...
Semen Baturaja full-year profit advances 5%
State-owned cement producer PT Semen Baturaja Tbk reported a five per cent increase in net profit to IDR328.336bn (US$25m) in 2014 from IDR312.184bn in the previous year. Opera...