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 E...
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KHD Humboldt Wedag 2013 revenue increases 16.9% YoY
KHD Humboldt Wedag International reported yesterday that it achieved a 16.9 per cent YoY increase in 2013 revenues. Order intakes, however, were significantly below the previous...
Dangote Cement revenue rises 29.4%
Dangote Cement, Nigeria’s largest cement company saw revenues rise 29.4 per cent last year to nearly NGN386.2bn (US$2.45bn), backed by 28.2 per cent growth in domestic volumes.
EAPCC pretax profit hit by rising costs
East African Portland Cement Co (EAPCC) said on Wednesday its pretax profit more than halved for the six months ended December due to rising administration and sales costs.
Conch full-year net profit rises 48.3%
Anhui Conch Cement Co reported a 48.3 per cent YoY increase in profit attributable to shareholders during 2013 to CNY9.38bn (US$1.5bn) from CNY6.33bn a year ago. Turnover increa...
Kuwait Cement profit rises 16.3% YoY
Kuwait Cement Co (KCC) announced profits of KWD17.1m (US$60.7m) with earnings per share (EPS) at 26.1 fils for 2013, compared to a net profit of KWD14.7m and EPS of 23.7 fils in...
Semen Baturaja to distribute dividend, Indonesia
Semen Baturaja will distribute a IDR78.04 dividend, or 25 per cent of last year’s net profit of IDR312.18bn (US$27.4m) Pamudji Raharjo, president director of the publicly-listed...
China Tianrui Group Cement full-year net profit slides
China Tianrui Group Cement Co Ltd said its 2013 profit attributable to shareholders declined more than 28 per cent to CNY558.9m (US$90.17m) from CNY783.4m the year before. Basic...
Paraguay: INC back in profit, says company president
Paraguay’s Industria Nacional del Cemento (INC) is yielding profits again, according to its president Jorge Méndez Cuevas, although the company remains US$60m in debt.
West China Cement profit edges ahead
West China Cement reported a 3.6 per cent YoY rise in pre-tax profit to CNY475.08m (US$76.4m) for the year ending 31 December 2013, compared to CNY458.58m a year ago. Net income...