Eastern Province Cement names new chairman, deputy chairman
Saudi-based producer Eastern Province Cement Co (EPC) approved at a meeting on Sunday the appointment of Turki bin Fahd as board chairman. The company also named Abdul Mohsen ...
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Peru: Pacasmayo's net income up 24% YoY
Peruvian producer Cementos Pacasmayo's net income increased 24 per cent in 2014 to PEN188.8m (US$61.3m) as a result of operating efficiencies, a reduction in administrative exp...
Thatta Cement 1H net profit surges 51% YoY
Pakistan-based producer Thatta Cement posted a 51 per cent jump in net profit to PKR139m (US$1.2m) in the first half of the current Pakistan fiscal. Earnings per share improv...
India Cements posts third-quarter net loss
India Cements Ltd posted a net loss for third quarter, compared with a profit a year ago, dragged down by muted cement sales in the south. The Chennai-based firm posted a net...
Kuwait Portland Cement posts 5.2% rise in annual profit
Kuwait Portland Cement said Tuesday its net profit stood at KWD8.26m (US$27.9m) for 2014, up 5.2 per cent from the KWD7.85m recorded in 2013. Earnings per share increased to ...
Australia: Boral swings to profit
Boral Ltd today reported a 23 per cent increase in profit after tax (before significant items) to $112m in the six months to the end of December 2014. After significant items, ...
HeidelbergCement volumes boosted by North America, UK and new capacities
Preliminary full-year results from HeidelbergCement show improvements in sales volumes, revenue and operating income despite negative exchange rate effects, leading the company...
Italcementi saw weaker French and Italian volumes in 2014
Italcementi's turnover declined by 1.8 per cent in 2014 to EUR4155.6m, or by 0.7 per cent on a comparable basis. Group cement shipments edged ahead by 0.6 per cent to 43.4Mt an...
Raysut full-year profit dips, Oman
Raysut Cement reported full-year net profit of OMR27.42m (US$71.22m), 0.4 per cent lower than the OMR27.52m posted in the previous year. Revenue rose 1.1 per cent to OMR94,29...
Cemex’ US EBITDA rises by 65% and trading loss almost eliminated
Cemex' turnover improved by 3.2 per cent in 2014 to US$15,708.5m and the EBITDA advanced by 3.7 per cent to US$2740.5m, while the trading profit rose by 12.3 per cent to US$127...