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Cemex EBITDA margin under pressure

Cemex EBITDA margin under pressure

Cemex' first-half turnover improved by 5.7 per cent to US$7736.5m and the EBITDA edged ahead by 1.5 per cent to US$1269.7m, while the trading profit improved by 4.5 per cent to ...

UltraTech full-year hit by operational costs

UltraTech full-year hit by operational costs

UltraTech Cement, an Aditya Birla Group company, today announced its financial results for the year ended 31 March 2014. Full-year net sales stood at INR58.32bn compared to INR5...

Cemex heading towards strong earnings rebound

Cemex heading towards strong earnings rebound

Cemex is expected to post a significant rebound in pretax earnings for the full year, driven primarily by the US recovery and an anticipated pick-up in Mexican volumes and prici...

Saudi Cement posts second-quarter net profit drop

Saudi Cement posts second-quarter net profit drop

Saudi Cement posted a 6.2 per cent drop in second-quarter net profit on Monday as declining sales impact revenue. The kingdom’s largest listed cement producer by market value ma...

Anhui Conch issues positive profit alert, China

Anhui Conch issues positive profit alert, China

Yesterday, Anhui Conch said it expects first-half net profit up about 90 per cent YoY compared to CNY3.06bn (US$492.75m) a year earlier. The advance is being attributed to incre...

China Resources sales exceed guidance

China Resources sales exceed guidance

China Resources Cement said its cement and clinker sales prices have exceeded expectations this year, meaning that first half profit "is expected to be significantly increased a...