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Qassim Cement 1Q14 net profit declines

Qassim Cement 1Q14 net profit declines

Qassim Cement Company reported net profits amounting to SAR159m (US$42.4m) in the first quarter of 2014, down 5.59 per cent for the same period of the last year. In a statemen...

Lafarge Pakistan net sales rise 7% YoY

Lafarge Pakistan net sales rise 7% YoY

Releasing further details on its 2013 performance, Lafarge Pakistan Cement said it saw net sales grow by seven per cent to PKR10.302m (US$105m) from PKR9624m. The company incr...

Texas Industries third-quarter net loss widens

Texas Industries third-quarter net loss widens

During the first nine months to the end of February, Texas Industries Inc saw turnover rise by 34.4 per cent to US$649.8m and the EBITDA advanced by 46 per cent to US$69m. Aft...

Lafarge Republic boosted by robust demand

Lafarge Republic boosted by robust demand

Lafarge Republic Inc (LRI) reported a 30 per cent rise in net profit last year to PHP3.7bn (US$82.6m) on the back of robust demand from government as well as private commercial...

Taiwan Cement sees 28.81% jump in net profit

Taiwan Cement sees 28.81% jump in net profit

Taiwan Cement posted a record TWD10.03bn (US$330m) in net profit last year, up 28.81 per cent from a year earlier, the company said in a statement on Monday. Consolidated sa...

Ashaka Cement pretax profit declines, Nigeria

Ashaka Cement pretax profit declines, Nigeria

Nigeria’s Ashaka Cement said its pretax profit fell last year to NGN2.84bn (US$17.2m) from NGN5.47bn in the last year. Turnover only slipped to NGN21.69bn from NGN21.82bn, t...

Buzzi Unicem hit by weak Italian market

Buzzi Unicem hit by weak Italian market

On a turnover 2.1 per cent lower at EUR2753.1m, Buzzi Unicem's EBITDA improved by 5.7 per cent to EUR481.2m. After writing down the assets in Italy and Ukraine by EUR57.7m and ...