Steppe Cement returns to profit and self-funds US$35m expansion
Steppe Cement reported a first-half profit after tax of US$9m, reversing a US$0.5m loss in the same period of 2025, as higher cement prices and improved operating performance st...
Steppe Cement Ltd
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Steppe Cement announces alternate directors
Steppe Cement has announced that Gan Chee Leong and Charles Tingey have been appointed as alternate directors to the CEO, Javier del Ser Perez, and independent non-executive dir...
Steppe Cement records net profit of US$9.7m in 2019
Steppe Cement has released its annual results for 2019 and records a net profit of US$9.7m. EBITDA increased to US$23.9m from US$21.4m in 2018 aided by higher prices. The Kazakh...
Steppe Cement 1Q20 cement sales fall by 11%
In the 1Q20 Steppe Cement Ltd sold 235,896t of cement for KZT4003m (US$9.4m) compared to 266,393t in the 1Q19, a decline of 11 per cent. Kazakhstan's cement market increased in ...
Steppe Cement suffers weak 3Q19
Steppe Cement Ltd of Kazakhstan had a weak third-quarter performance but said year-to-date revenue benefitted from rising cement prices. The construction materials producer said...
A rejuvenated Kazakhstan cement market?
This week Steppe Cement reported its 1Q19 business results with an exceptionally-strong performance when compared with the 1Q18. The market leader increased its market share to ...
Steppe Cement sees revenue up 32% in 2018
Steppe Cement Ltd reported 2018 revenue of KZT28.34bn (US$75.4m), up 32 per cent YoY. The Kazakhstan cement producer had cement volumes of 1.7Mt, a rise of six per cent while th...
Steppe Cement posts 22% turnover increase in 1H18
Kazakhstan’s Steppe Cement recorded a 22 per cent increase in consolidated turnover to US$32.8m for the 1H18 period. Profit after tax rose to US$200,000 in the period, up from a...
Apollo Asia invests in Steppe Cement
Apollo Asia Fund Ltd has acquired 11.2m shares, representing 5.13 per cent of the issued share capital of Steppe Cement Ltd, which produces construction materials in Kazakhstan.
Steppe Cement 2Q17 revenues rise 27%
Steppe Cement announced that its 2Q17 revenue of KZT9312m (US$27.7m) was 27 per cent higher than the KZT7316m achieved in the corresponding quarter in 2016.