Saudi Cement: first-quarter net profit declines
Saudi Cement Co posted a 16 per cent decline in net profit for the first three months of this year due to lower domestic demand and losses from an associate company.
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Carthage sees strong rise in 1Q turnover
Tunisia’s Carthage Cement saw its turnover increase 337 per cent YoY to TND41.945m (US$26.53m) in 1Q14. However, its aggregates business saw sales fall 34 per cent following a t...
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 statement ...
Saudi Arabia's cement industry looks forward to good times
Saudi Arabia's cement companies are preparing for long-term cement demand growth as they expand their capacity. However, for some such as Yanbu Cement, the past quarter has seen...
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 increa...
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 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.
Kenya: ARM Cement reports 12% rise in pretax profit
Kenya’s second largest cement producer ARM Cement saw a 12 per cent rise in full year pretax profit to KES2bn (US$23.17m). Earnings per share increased to KES2.73 from KES2.52, ...
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, the c...