Pakistan: DG Khan second-quarter profit rises
DG Khan, one of Pakistan's leading cement producers, posted a 14 per cent YoY rise in profit during 2QFY14 to PKR1.61bn but higher power costs affect gross margins. Earnings...
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Oman: Raysut Cement's profit rises on higher demand
Oman’s largest cement producer, Raysut Cement, achieved a 12.6 per cent growth in net profit in 2013 to OMR27.62m (US$71.73m), on the back of higher domestic demand. Revenue r...
Buzzi sees advances in Russia and US
Italian cement major Buzzi Unicem saw turnover decline by 2.1 per cent last year to EUR2754m as the company saw another fall in its domestic market of Italy, but Russia and the...
Cherat Cement six-month profit rises 17% YoY, Pakistan
Pakistan-based producer Cherat Cement posted a profit after tax of PKR710m (US$6.74m) in the six months to the end of December 2013. This translates into a rise of 17 per cent ...
Italcementi: only Asia shows sales growth in 2013
Italcementi's turnover declined by 5.4 per cent in 2013 to EUR4235.4m, or by 2.2 per cent on a comparable basis. Group cement shipments declined by a further six per cent to 43...
Cemex falls back in Mexico but advances in the USA
Cemex' turnover improved by 1.6 per cent in 2013 to US$15,226.5m and EBITDA emerged 0.7 per cent ahead at US$2643m, while the trading profit advanced by 17.4 per cent to US$151...
HeidelbergCement's results hit by currency effects
The preliminary full-year 2013 figures from HeidelbergCement show turnover easing by 0.6 per cent to €13,936m, though on an underlying basis there was a 3.4 per cent increase. ...
Cemex LatAm Holdings sees improved profitability in most markets
Cemex Latin American Holdings (CLH) has reported 10 per cent increase in turnover for 2013 against the pro-forma numbers for the previous year and improved profitability was se...
Cementir offsets a weaker Italy by better markets elsewhere
Cementir Holding's turnover improved by 1.3 per cent to EUR988.6m, while at constant currencies the increase would have been 5.6 per cent. EBITDA improved by 22.9 per cent to ...
Qatar National Cement posts US$119.7m net profit in 2013
Qatar National Cement Company registered an increase in net profit to QAR436m (US$119.7m) for the 12 months to December 2013, compared to QAR425.3m a year earlier, the company ...