JK Lakshmi ends FY13-14 on a strong note
JK Lakshmi cement reported a 59 per cent increase in net profit for the final quarter of FY13-14 and anticipates a brighter outlook for the domestic market through the year. ...
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Higher sales boost Lafarge Malaysia 1Q14
Lafarge Malaysia’s revenue for the 1Q14 was 4.9 per cent higher YoY to MYR676.6m (210.7m), mainly due to higher cement and aggregate sales volumes. Revenue growth was partiall...
Arabian Cement Co first-quarter update
Arabian Cement Company (ACC) posted a EGP116.4m (US$16.3m) net profit for the first quarter of 2014. ACC was the first major listing on Cairo's bourse since the 2011 political...
Currency movements depress Cimpor profits
Cimpor has reported an adjusted first-quarter turnover 6.8 per cent lower at EUR592.5m and the EBITDA declined by 9.7 per cent to EUR133.1m. Measured in local currency, howev...
AdBri forecasts flat demand and net profit
Australia-based producer, Adelaide Brighton, said it expects profit to be flat for this year and cement and clinker demand also to be similar to 2013. Chief executive, Martin...
Malaysia: YTL profit increases 40.5% YoY
Malaysian construction conglomerate YTL Corp Bhd saw its profit increased 40.5 per cent to MYR1.93bn (US$601.7m) for the nine months ended 31 March 2014 compared to the same pe...
Akmenes profit falls by a third, Lithuania
Akmenes Cementas, Lithuania’s only cement manufacturer, last year saw its audited net profit fall by 36.3 per cent to LTL11.676m (EUR 3.38m), from LTL18.329m in 2012. Annual ...
Holcim sees better performance in Morocco
Holcim Morocco improved its business results in 2013 despite the difficult economic context. By lowering its production costs and optimising its support functions, the company ...
Cementos Molins posts 1Q14 net profit of EUR6.5m
Spain-based Cementos Molins released its first-quarter 2014 results, showing a net consolidated profit of EUR6.5m, up 37 per cent when compared to 1Q13. The group’s domestic ...
PPC: first-half cement sales edge higher
PPC announced its group cement sales were two per cent higher for the first half of the year to the end of March 2014. Improvements in export sales and the consolidation of sal...