UltraTech Cement quarterly profit rises 15% YoY
UltraTech Cement reported a 15 per cent rise in net profit of INR8.4bn (US$138m) for the first quarter of the year on cost control initiatives.
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Siam Cement positive earnings outlook, Thailand
Siam Cement Plc is expected to post another strong quarterly performance, according to analysts at SCB Securities cited in reports by The Nation. First quarter net profit is est...
Siam City double-digit rise in earnings and sales
Siam City Cement Co (SCCC) reported a double-digit rise in earnings and sales during the first quarter of 2014, as higher cement prices and increased exports help offset decline...
Cemento Melón cuts investments to US$15m due to 10% sales decline
Chile’s Cemento Melón has seen sales drop by 10 per cent in the first quarter of 2014. "Earlier this year we estimated that we would at least maintain 2013 sales, but in the fir...
Al Jouf first-quarter earnings drop, Saudi Arabia
Al Jouf Cement posted a drop in earnings of about 40 per cent YoY to SAR15m (US$4m), missing Al-Rajhi Capital’s estimates of SAR 17.8m but exceeding consensus estimate of SAR13m...
Saudi: Arabian Cement quarterly net profit up 6.2% YoY
Saudi-based Arabian Cement Company (ACC) posted a SAR167.1m (US$44.6m) net profit for the first quarter of 2014, up 6.2 per cent from SAR157.3m a year ago. Earnings per share (E...
Semen Baturaja sales up 24% in first three months
Indonesian state-owned cement maker PT Semen Baturaja's first-quarter sales rose 24 per cent to 305,000t from a year earlier. The cement producer has also opened a new cement mi...
Italcementi shareholders approve 2013 results
At Italcementi’s annual general meeting in Bergamo yesterday, the shareholders of Italcementi SpA approved the financial statements for 2013. The company closed the year with an...
Huaxin Cement positive 1Q profit alert, China
Huaxin Cement Co Ltd anticipates net profit for 1Q14 to increase by 350-400 per cent YoY, compared with a profit of CNY25.74m in the corresponding period of 2013, the company sa...
China Resources Cement sees strong growth in attributable profit
China Resources Cement (CRC) has said it expects profit attributable to shareholders for the quarter ending 31 March 2014 to be significantly higher compared to the correspondin...