Cement News tagged under: turnover

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05 October 2016, Published under Cement News

Lafarge Zimbabwe’s first half turnover increased by 4.3 per cent to US$26.5m, but the loss advanced by 61.9 per cent to US$2.25m, reflecting increased competition, including the arrival of a new competitor. Another competitor is threatening to close capacity unless the government acts to curb imports.

Lucky Cement's profits up 9.3%

02 September 2016, Published under Cement News

As a result of an increase in turnover, Lucky Cement's full  year profits increased by 9.3 per cent. The company reported earnings of PKR16.15bn (US$154.67m) compared to PKR14.78bn for the same period last year. These results are in line with the market expectations. Net sales were recorded at PKR98.65bn, compared to PKR96.47bn last year, and cost of production fell from PKR56.43bn to PKR54.24bn. A gross profit of PKR27.9bn was recorded, an 8.6 per cent increase from PKR25.68bn in the pre...

Tunisia: Ciments de Bizerte sees 1.78% turnover rise in 2015

22 January 2016, Published under Cement News

Tunisia’s Les Ciments de Bizerte posted a turnover of TND57.177bn (US$27.9bn) in 2015, up 1.78 per cent YoY. Domestic turnover saw a rise of 14.83 per cent to TND56.9m while exports have slumped by 96.3 per cent. The export low has been attributed to the instability of the Algerian market and the near-absence of Libyan demand. The company’s indebtedness has increased by 32.9 per cent to TND97.5m from TND73.4 at the end of December 2014.

Tunisia: Ciments de Bizerte 3Q15 sales up 2.3%

23 October 2015, Published under Cement News

Turnover of Les Ciments de Bizerte advanced 2.3 per cent YoY in 3Q15. Although sales volumes in the domestic market fell by 3.7 per cent YoY, revenues rose by 21.4 per cent YoY. The company saw a decline in export revenues on the back of a volatile market in Algeria and a lack of demand in Libya. Clinker output rose by 55,050t or 47.5 per cent when compared to 3Q14.

Ciments de Bizerte registers 20% drop in 1Q15 turnover

22 April 2015, Published under Cement News

Tunisia’s Ciments de Bizerte saw its turnover fall by 19.6 per cent YoY in 1Q15 to TND11.115m. In Tunisia, the figure fell by 11.5 per cent as domestic demand fell by 9.7 per cent. However, the company noted a 84 per cent drop in exports due to the volatility of the Algerian market and the weak demand from Libya.