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Lucky Cement full-year profit rises 47%

Lucky Cement full-year profit rises 47%

Pakistan-based producer Lucky Cement reported a 47 per cent increase in full-year profit and is optimistic on the outlook for domestic consumption but cautions that challenges ...

Steppe Cement 1H13 profit rises to US$3.8m

Steppe Cement 1H13 profit rises to US$3.8m

Steppe Cement Ltd posted an increased pretax profit during the first six months of the year of US$3.8m compared with US$391,000 a year earlier. Revenue rose to US$54.3m versus...

Tabuk Cement first-half net profit edges ahead

Tabuk Cement first-half net profit edges ahead

Saudi-based producer Tabuk Cement reported a net profit of SAR107m (US$28.5m) for the first half of 2013, up 1.04 per cent from the SAR105.9m in the same period of the year bef...

Sinai Cement first-half profit declines, Egypt

Sinai Cement first-half profit declines, Egypt

Sinai Cement reported a 30 per cent YoY decline in net profit for the first six months of 2013. The Egypt-based cement producer said that net profit fell to EGP50,991,171 (US$7...

Tanga 1H hit by competition, higher costs

Tanga 1H hit by competition, higher costs

Tanzania-based cement producer Tanga Cement reported a 36.7 per cent drop in first-half net profit due to increased competition and operating costs. For the six months to th...

Semapa's 1H13 turnover declines

Semapa's 1H13 turnover declines

In the first half of 2013, Semapa reported that turnover from its cement division fell 3.2 per cent YoY to EUR233.5m, essentially due to a drop in turnover in Portugal and Ango...