Allied Cement issues profit warning, China
China-based Allied Cement said it expects to record a significant decline in net profit by about 40 per cent for the year ended 31 December 2014 as compared to the audited net ...
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GCC's fourth-quarter sales rise 18% YoY
GCC (Grupo Cementos de Chihuahua) reported a sales increase of 18 per cent in the fourth quarter compared to the same period of 2013, totaling MXN2546.1m (U$$170m), reflecting ...
Listed Saudi firms see 3.8% increase in 2014 sales
Sales of the listed cement firms in Saudi Arabia grew by 3.8 per cent to hit SAR13.5bn (US$3.6bn) in 2014 compared to SAR13bn in 2013, according to a report published by Al-Hay...
Adelaide Brighton reports record net profit
Adelaide Brighton reported record sales and net profit after tax of AUD1337.8m and AUD172.7m, respectively, for the year ended 31 December 2014. Revenue increased 8.9 per cen...
FECTO reports first-half loss, Pakistan
Pakistan-based cement producer FECTO Cement reported a 10.22 per cent drop in profit for the first six months of the current fiscal to PKR284.6m (US$2.8m). In a communication ...
Cementos Argos’ net profit surges 59%
Colombia’s leading cement producer, Cementos Argos, said net profit jumped 58.8 per cent YoY in 2014, closing the year with record figures. Profit was up to COP291bn (US$145m...
Caribbean Cement Co returns to pretax profit
Caribbean Cement Company Ltd (CCCL) posted a pretax profits of $255m compared to a loss of $3m the previous year. The company said its performance was assisted by a new record...
Holcim Philippines income and revenues rise 13% YoY
Holcim Philippines posted another record performance last year with a double-digit rise in sales on the back of strong and private infrastructure spending. The company said t...
Kuwait: Hilal Cement books full-year net loss
Kuwaiti cement producer Hilal Cement booked a net loss of KWD374,000 (US$1.3m) in 2014, versus a net profit of KWD518,500 a year earlier, the company said in a bourse statement...
TCL reports full-year loss
Trinidad Cement Ltd recorded a loss of TTD211m for last year, as the company wrote down the value of its investment in Arawak Cement Company (Barbados) by TTD153m and in deferr...