Southern Province posts flat full-year profit
Southern Province Cement posted a SAR1.006bn (US$268m) net profit in 2013, almost flat from SAR1bn the year before. Earnings per share stood at SAR1.013. Operating profit fo...
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Steppe Cement revenue rises as Kazakh demand rises 13%
Kazakhstan producer Steppe Cement said its 2013 revenue was 8.7 per cent higher YoY, as demand in the central Asian country increased by an estimated 13 per cent to 8.1Mt durin...
Yamama Cement net profit rises 6.4% YoY
Yamama Cement Co of Saudi Arabia said yesterday its net profit for 2013 rose by 6.4 per cent to SAR870m (US$232m), up from SAR818m a year ago. The increase was attributed to a...
Conch expects strong rise in 2013 profit
Anhui Conch, the leading cement producer in China by market value, said it expects a 50 per cent rise in net profit attributable to shareholders for 2013. In 2012, the compan...
Saudi Cement 4Q13 profit down 8% YoY
Saudi Cement reported an eight per cent fall in fourth-quarter profit on Tuesday, attributed to lower sales and rising raw material costs. In the three months to the end of ...
CRC profit alert, China
China Resources Cement said the group's profit attributable to the owners of the company for the year ended 31 December 2013 is expected to be substantially higher compared wit...
Vicem 2013 revenue rises 7% YoY
Vietnam Cement Industry Corporation (Vicem), Vietnam’s leading domestic producer, said its revenues rose by seven per cent YoY in 2013 to more than VND30.5trn (US$1.45bn). Sta...
Jiangxi Wannianqing profit forecast, China
Jiangxi Wannianqing Cement Co Ltd anticipates net profit to have reached between CNY400-450m (US$66m-74m) in 2013, growing about 110-136 per cent YoY, according to the company'...
TXI 2Q sales increase, but net loss widens
Texas Industries, Inc today reported a wider net loss for the quarter ended 30 November 2013 compared to the same period of last year, as a number of non-recurring and short-te...
Yamama posts preliminary 4Q13, full-year results, Saudi Arabia
Yamama Cement posted its preliminary 4Q and FY13 results, with net profit up 2.3 per cent to SAR870m. The results were one per cent below estimates by NBK Capital but in line...