Bestway and Cherat show good financial results
Bestway Cement Ltd has announced earning a profit of PKR13.29bn (US$126m) for the financial year ended 30 June 2017,
Weekly Newsletter
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Summit Materials reports rise in 2Q net income
Summit Materials reported a 15.9 per cent YoY rise in 2Q17 net revenue to US$478.4m, primarily attributable to acquisition-related contributions, increased organic sales volumes...
Anhui Conch Cement Co revenue up 33.1%
Anhui Conch Cement Co Ltd said revenue for the first six months ended 30 June 2017 increased by approximately 33.1 per cent YoY to CNY31,907.92m (US$4794m).
PPC 1Q17 results in line with expectations
PPC revenue for the period ended 30 June 2017 (1Q17) is ahead YoY while group EBITDA is in line with the year-ago period. The advance has been attributed to good cost management.
Ohorongo opens Ondangwa depot
Namibian cement producer Ohorongo Cement was host to Clemens Kashuupulwa, governor of the Oshana region, who opened the company’s new cement depot in Ondangwa.
West China Cement sees improved operating environment
West China Cement Ltd and its subsidiaries reported on an improving operating environment in the first half of 2017 with sales volumes in the Shaanxi province remaining stable w...
Maple Leaf issues right share to finance expansion
Maple Leaf Cement Factory Ltd will issue a right share to partially finance a 7300tpd clinker production line at Daud Khel in Iskanderabad, Mianwali, Pakistan.
Foundation stone laid for new grinding venture
President of Ghana Nana Addo Dankwa Akufo-Addo on Tuesday laid the foundation stone for the construction of a new grinding factory in the port city of Tema, some 30km east of th...
Kenyan consumption contracts in 5M17
Cement demand in Kenya over the Jan-May 2017 period fell to 2.5Mt compared to 2.5Mt a year earlier, according to the latest data from the Kenya National Bureau of Statistics (KN...
