Steppe Cement CEO increases share
The family of Javier del Ser Perez, chief executive officer at Kazakhstan’s Steppe Cement , has increased its share in the company. Following the purchase of 300,000 ordinary sh...
Steppe Cement
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Steppe Cement reports 9% increase in revenue in 3Q22
Kazakhstan's Steppe Cement Ltd has posted a nine per cent YoY increase in revenue in the 3Q22. Revenue came in at KZT13,071m (US$27.7m) compared to KZT12,045m in the same period...
Steppe Cement sees 65% surge in 1H post-tax consolidated profit
Steppe Cement has announced a consolidated profit after tax of US$10.2m for the six months ended 30 June 2022, up 65 per cent YoY. The Kazakstan cement producer’s gross margin i...
Steppe Cement sees turnover improve 18% YoY in the 1H22
Steppe Cement sold 837,063t of cement in the first half of 2022, compared to 840,661t in the same period a year earlier. While volumes remained stable, turnover over the same pe...
Steppe Cement increases capex for 2022-23
Kazahstan’s Steppe Cement plans to invest US$7m in capex in 2022 and the first half of 2023. Among the projects outlined is the completion of the new separator for cement mill 1...
Steppe Cement's market share edges up
Kazakhstan-based Steppe Cement sold 281,968t of cement for KZT6.299m in the first quarter of 2022. This brings the company’s market share to 13.7 per cent in the 1Q22 from 13.2 ...
Steppe Cement sees 16% hike in revenue in 2021
Kazakh cement producer Steppe Cement saw its revenue increase 16 per cent to KZT36.02bn (US$82.7m) in 2021 as it sold 1,688,544t of cement, up from the 1,645,744t reported in 20...
Steppe Cement reports 16% revenue increase
Kazakhstan’s Steppe Cement has recorded an 8.5 per cent YoY rise in revenue to KZT12.05bn (US$28.33m) in the third quarter of 2021, compared to KZT11.11bn in the year-ago period...
Steppe Cement sees sales volume rise 10%
Kazakhstan’s Steppe Cement has seen its cement sales volumes rise 10 per cent YoY to 840,661t in the first half of 2021, compared to 764,752t in the first six months of last yea...
Steppe Cement records 14% rise in profit
Kazakhstan’s Steppe Cement has posted a net profit of US$11.1m for 2020, up 14.4 per cent YoY from US$9.7m in the previous year. EBITDA also saw a modest increase to US$24.2m fr...