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Fauji Cement full-year net profit rises 27% YoY

Fauji Cement full-year net profit rises 27% YoY

Pakistan-based producer Fauji Cement reported a net profit of PKR2.39bn (US$23.7m) for the fiscal ending 30 June 2014, up 27 per cent YoY compared to PKR1.88bn in the year before.

Moody's: WCC results in line with expectations

Moody's: WCC results in line with expectations

Moody's Investors Service says that West China Cement Ltd's (WCC) first-half results are in line with Moody's expectations. As a result, WCC's B1 corporate family and senior uns...

TCL second-quarter revenue up 9%

TCL second-quarter revenue up 9%

Trinidad Cement Ltd (TCL) saw second-quarter revenue rise by nine per cent to TTD560m (US$88.3m) as demand remained strong in key markets. EBITDA and non-recurring charges climb...

SCG Philippine operations post higher sales

SCG Philippine operations post higher sales

Siam Cement's operations in the Philippines posted stronger sales of cement, building materials and tiles in the first half of 2014, the Thai conglomerate said in a statement.

Nigeria: Dangote pretax profit dips

Nigeria: Dangote pretax profit dips

Nigeria's Dangote Cement said on Friday its half-year pretax profit fell to NGN107.06bn (US$659.4m), down 0.57 per cent from NGN107.68bn a year ago. However, turnover rose to 20...

FLSmidth maintains 2014 guidance

FLSmidth maintains 2014 guidance

FLSmidth has reviewed and approved the company’s interim report for the six months to 30 June 2014, maintaining its 2014 guidance and noting a significant improvement in margins...