Holcim Philippines sees net profit slump in 1H22
Holcim Philippines Inc has reported revenue of PHP12.2bn (US$219.2m) in the first half of 2022, down from PHP13.7bn in the same period a year earlier. EBITDA has declined fro...
South Asia
300 posts · Page 17 of 30
Eagle Cement posts increase in net sales in 1H22
In the first half of 2022, Philippines-based Eagle Cement Corp saw its net sales advance to PHP13,680m (US$246m), compared to PHP11,057m in the same period a year earlier. EB...
Holcim sued by Indonesian island over climate change
Residents of an Indonesian island threatened by rising sea levels are suing Holcim over its carbon emissions, according to TopWireNews. The island in question, Pulau Pari, depe...
Philippine government urges cement producers to use plastic waste
To help reduce the country’s solid waste generation by at least 40 per cent Philippine Department of Environment and Natural Resources (DENR) has requested cement producers to ...
Taiheiyo Cement Philippines retires old kiln to prepare expansion
Taiheiyo Cement Philippines has retired its old kiln to make way for the installation of its new line, which will increase capacity from 2500tpd of clinker to 6000tpd by mid-20...
Holcim Philippines signs contract for two solar power plants
Holcim Philippines has signed a 20-year deal with Blueleaf Energy, a leading renewable energy company, to deliver solar power to its plants in Norzagaray, Bulacan, and Bacnotan...
Holcim Philippines sees 124% net income increase
Holcim Philippines reported a 124 per cent YoY increase in net income to PHP2.3bn (US$45.66m) in the first nine months of 2021, compared to PHP1.03bn in the year-ago period, on...
Eagle Cement Corp announces 89% advance in profit
Philippine-based Eagle Cement Corp has seen its net profit surge 89 per cent to PHP5.1bn (US$101.76m) in the first nine months of 2021, against PHP2.7bn in the comparable perio...
Siam Cement's revenue surges 31% YoY
Thailand’s Siam Cement PCL has seen its net profit decline 30 per cent YoY in the third quarter of 2021, falling to THB6.82bn (US$205m), as it recorded lower demand and an asse...
Big Boss Cement reportedly suspends operations
Philippine-based Big Boss Cement has reportedly suspended business operations, according to a source for The Philippine Daily Inquirer. The shutdown, taken so the company can...