Lucky Cement FY17 profit rises 5.78%
Lucky Cement has reported a 5.78 per cent YoY increase in full-year profit of PKR13.69bn (US$129.8m) versus PKR12.94bn in FY16, the company informed the Pakistan Stock Exchange.
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Lucky Cement has reported a 5.78 per cent YoY increase in full-year profit of PKR13.69bn (US$129.8m) versus PKR12.94bn in FY16, the company informed the Pakistan Stock Exchange.
Dangote Cement has released its 1H17 results, announcing group revenues of NGN412.7bn (US$1.31bn), up 41.2 per cent, and an EBITDA of NGN203.7bn, up 53.7 per cent.
Cemex Philippines saw its net income fall by 69 per cent in the 2Q17 to PHP136.5m (US$270m) from PHP436.1 in the same period of 2016 as demand softened and cement prices eased.
Colombia’s cement sales slipped 1.3 per cent YoY to 0.984Mt in June 2017 when compared with the previous year, according to the country’s statistics office, DANE.
Cemex reported a strong improvement in net profit for the six months to the end of June 2017, but cement volumes eased over the period.
Peru’s cement producers dispatched 777,000t of cement in June 2017, representing a 2.2 per cent increase YoY, according to the latest data from Asocem, the country’s cement asso...
Mexican cement producer Grupo Cementos Chihuahua (GCC) announced a 22.6 per cent YoY rise in consolidated net sales to MXN4497m in 2Q17 from MXN3669m (US$242.4m).
Ambuja Cements reported an 11.7 per cent increase in net sale in the 2Q17 as cement volumes and price realisations improved.
FLSmidth has signed a contract with Nepal Shalimar Pvt Ltd for engineering, procurement and supply of equipment for a new cement grinding unit for its existing cement production...
Cementos Pacasmayo, Peru’s third-largest cement producer, posted a 34 per cent YoY drop in profits in 2Q17 as sales fell and El Niño damage increased costs. Cementos Pacasmayo r...