Holcim Philippines net profit surges 58% YoY
Holcim Philippines Inc said Wednesday net profit in 2015 surged 58 per cent YoY to PHP8.1bn (US$171m) on strong sales and a large one-off gain on investment.
Weekly Newsletter
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Dominican Republic: market expands, prices fall
National cement production in the Dominican Republic reached 5.18Mt, an increase of 3.2 per cent YoY, according to official statistics. This represents 75 per cent of the countr...
Lafarge Malaysia sees stable 2015 pretax profit
Lafarge Malaysia Bhd reported a pretax profit of MYR345.157m (US$82.86m) for the financial year ended 31 December 2015 versus MYR345.183m a year earlier. ― Lafarge Malaysia Bhd ...
UltraTech Cement signs binding MoU for Jaiprakash Associates cement units
India's UltraTech Cement Ltd said on Sunday it had entered a binding memorandum of understanding to acquire Jaiprakash Associates Ltd's cement plants for INR165bn (US$2.457bn). ...
Cimpor books major loss in 2015
Cimpor's turnover declined by 4.3 per cent in 2015 to EUR2492.7m while EBITDA came off by 18.6 per cent to EUR525.7m. The trading profit emerged 30.2 per cent lower at EUR313.3m...
Adelaide Brighton reports record revenue
Adelaide Brighton has reported record revenue of AUD1413.1m (US$1017.35m) for 2015, representing a YoY increase of 5.6 per cent supported by cement and lime volumes, improved pr...
Kenya: EAPCC issues profit warning
Kenya-based East African Portland Cement Co (EAPCC) expects its profit to fall by more than a quarter in the financial year ending June 30 citing year-earlier gains on land sale...
Semen Indonesia full-year net profit falls
PT Semen Indonesia Tbk reported an 18.7 per cent drop in 2015 net profit to IDR4.52trn (US$336.56m) versus IDR5.56trn a year earlier.
Ethiopia: Messebo in solid AF supply agreement
The Egyptian Company for Solid Waste Recycling (ECARU), a subsidiary of Qalaa Holdings’ Tawazon, has signed a five-year contract with Ethiopia’s Messebo Cement to supply biomass...
Bestway consolidated turnover up 45.5%
Bestway Cement Ltd (BCL) said that its consolidated net turnover for the first half of FY15-16 soared by 45.5 per cent YoY to PKR21.1bn, largely due to the acquisition of Pakcem...