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Ashaka Cement pretax profit down 58.87%, Nigeria

Ashaka Cement pretax profit down 58.87%, Nigeria

Ashaka Cement pretax profit fell to NGN2.16bn (US$13.6m) in the first nine months of 2013, down 58.87 per cent from NGN5.27bn a year ago. Turnover for the Nigeria-based produce...

Eagle's 1H benefits from Lafarge acquisition

Eagle's 1H benefits from Lafarge acquisition

First-half turnover for Eagle Materials to the end of September, including its share of the Texan cement joint venture with HeidelbergCement, advanced by 46 per cent to US$535....

Holcim Philippines boosted by higher demand

Holcim Philippines boosted by higher demand

Holcim Philippines has reported a 34.2 per cent increase in third-quarter earnings driven by stronger sales revenue and cost-cutting and efficiency improvement measures. Net ...

Dangote nine-month pretax profit rises 42.5%

Dangote nine-month pretax profit rises 42.5%

Dangote Cement said its pretax profit for the first nine months of 2013 rose 42.5 per cent to NGN151.72bn (US$952m), compared with NGN93bn in the same period last year. Revenue...

Akmenes sees improved sales, Lithuania

Akmenes sees improved sales, Lithuania

Akmenes Cement’s sales for the nine months to the end of September 2013 rose by 5.2 per cent to 826,700t. Revenue was LTL194.076m (EUR56m) for the first three quarter of 2013....

Lucky Cement first-quarter profit up 26%

Lucky Cement first-quarter profit up 26%

Pakistan’s largest cement producer, Lucky Cement, reported a rise in profit of 26 per cent in the first quarter of the current fiscal. The company recorded after-tax profit o...

Peru’s Cementos Pacasmayo net profit up 4.1%

Peru’s Cementos Pacasmayo net profit up 4.1%

Cementos Pacasmayo saw its net income increase by 4.1 per cent to PEN48.8m (US$17.6m) in the third quarter compared to the same period of 2012.  Consolidated EBITDA rose by 17....

Lafarge WAPCO reports 26% rise in pretax profit

Lafarge WAPCO reports 26% rise in pretax profit

Lafarge WAPCO Cement Nigeria has recorded an increase in pretax profits of 26 per cent for the nine months to the end of September. The company reported pretax profits of NGN2...