Cement News tagged under: revenue growth

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Steppe Cement sees 20% revenue rise in 2017

16 January 2018, Published under Cement News

Steppe Cement has announced that its full-year revenue for 2017 was 20 per cent higher than the previous year, reports Alliance News. The revenue for the period increased to KZT21.4bn (US$65m) from KZT17.9bn seen in 2016. The rise in revenue has been attributed to both an increase in cement prices and the volume of cement sold. The Kazakhstan-based manufacturer saw a 3.8 per cent YoY increase in the sales volume of cement, to 1.63Mt from 1.57Mt. Prices were up 15 per cent for 2017, with a...

Holcim Indonesia in lower quartile

27 June 2016, Published under Cement News

Holcim Indonesia has ranked in the lower quartile of Indonesian performers for the past year. The company was ranked 274/325 in the BSS News Bites ranking of Indonesian performers in the past year. Shares for the company fell by 32.4 per cent for the year ended 27 June 2016. Revenue growth for Holcim Indonesia had seen a downward trend for the years 2011 to 2013. In 2011 revenue growth stood at 26.2 per cent, falling to just 7.5 per cent in 2013. However, in 2014 it saw a slight climb, re...