Asia Cement forecasts higher 1H net profit
Asia Cement (China) expects its unaudited net profit to more than double for the six months to the end of June 2013 compared to the same period of last year. The 100 per cent ...
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Texas Industries fourth-quarter net profit declines, sales rise
Texas Industries Inc reported that its fourth-quarter net income declined to US$44.14m as the prior-year results included a higher gain from asset sales. However, the compan...
Qassim Cement first-half net profit rises, Saudi Arabia
Qassim Cement posted a SAR334.6m (US$89.2m) net profit for the first half of 2013, up from SAR307.4m a year ago. The company attributed the increase to a rise in sales coupled...
ARM's 1H13 pretax profit rises 28%, Kenya
An increase in sales has helped ARM Cement, Kenya's second-largest cement producer, to achieve a double-digit rise in pretax profit. Pretax profit for the six months ended ...
Steppe Cement 1H turnover boosted by higher prices
In the first half of the year, Kazakhstan-based cement producer Steppe Cement reported an eight per cent decline in volumes YoY but turnover rose by six per cent thanks to high...
TCC International expects profits to double in 1H13
TCC International expects to double net profit attributable to shareholders in the first half of this year compared to the same period of 2012. The increase is mainly attribu...
Cimpor first-quarter boosted by new profile
Cimpor has reported a 22 per cent rise in turnover and a 15.2 per cent YoY increase in EBITDA for the first quarter of 2013 mainly due to the reshuffling of the group's profile...
Gharibwal Cement sees strong rise in quarterly profit, Pakistan
Pakistan-based cement producer Gharibwal Cement Ltd reported a net profit of the company was PKR178m compared to PKR32.5m for the same period last year, thanks to an increase i...
Hail Cement increases quarterly net loss, Saudi Arabia
Saudi cement producer Hail Cement Co has reported a net loss of SAR13.9m (US$3.7m) for the first quarter of 2013, double the loss recorded in the same period a year ago of SAR6...
India Cement's net profit hit by rising production and transportation costs
Rising production costs and subdued demand in the southern markets has resulted in India Cements reporting a 31 per cent decline in FY13 net profit. Net profits (consolidated)...