Sephaku Cement reports 25% fall in net profits
Sephaku Cement (Dangote group) reported a 35 per cent slump in net profit to ZAR44m (US$31.7m) on a one per cent decline in revenue to ZAR831m for the year to end-March. "We exp...
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Sephaku Cement (Dangote group) reported a 35 per cent slump in net profit to ZAR44m (US$31.7m) on a one per cent decline in revenue to ZAR831m for the year to end-March. "We exp...
Dangote-owned Sephaku Cement has posted a 16 per cent drop in its full-year profit, despite revenue increasing by 3.7 per cent to ZAR2.37bn (US$201.1m) in 2017. The South Africa...
Dangote-backed Sephaku Cement said on Friday that its revenue for the year ended March rose by 36 per cent as EBITDA increased by 39 per cent to ZAR139m (US$10.2m). Operating pr...
Sephaku Cement began commercial production at its Delmas grinding plant on 6 January 2014 following a successful commissioning phase, Sephaku Holdings has announced. The Delmas ...
Sephaku Cement said its new grinding plant near Delmas in Mpumalanga, South Africa, is 95 per cent complete and is on-track to start production early in the new year. The 1.4Mta...
Sephaku Cement is scheduled to start quarry operations near Lichtenburg, South Africa, early in the New Year. A contractor for the mining work is still to be named, but Pieter F...
Dangote Cement reported a 28.7 per cent in revenue as demand continues to remain strong in its domestic market of Nigeria.
The construction of Sephaku Cement's ZAR3.2bn (US$322m) Delmas grinding plant and the Aganang clinker and cement works in South Africa are both at an advanced stage of developme...
The South African cement sector is set to see increased competition from the end of next year when Sephaku Cement starts production.
Sephaku Cement had concluded a ZAR1.95bn (US$226m) funding deal with Standard Bank and Nedbank which will be put towards new capacity in South Africa.