Cement News tagged: Corporate
Eagle Materials: higher costs and lower volume
For its first quarter of the financial year to 31 March, Eagle Materials’ turnover, including its share of the Texas Lehigh cement joint venture, declined by 5.6% to US$141.2m.
Birla Corp posts lower Q1 net profit, India
Birla Corp reported a lower net profit of INR111.88 crore in the first-quarter (1Q) ended June
Qilianshan Cement 1H earnings up 0.5%, China
Gansu Qilianshan Cement Group posted a 0.5 per cent YoY increase in net profits during the first half of
Cementos Portland first-half loss at EUR5.1m
Spanish cement producer Cementos Portland Valderrivas closed the first six months of 2011 with a loss of
Ambuja Cement reports 11% fall in second-quarter results
Ambuja Cement has reported a fall of 11% in its second quarter CY11 net profit. During the period, net
Fujian Cement sees 1H net profit hit CNY 91.75m
Fujian Cement Inc saw its sales revenue hit CNY872m (US$135m) in the first half of 2011, sources
Cemex is worst junk in US market on losses
Bonds sold by Cemex are posting the biggest losses among major issuers of junk debt in the US after the company posted its seventh straight quarterly loss, Bloomberg reports.
Orient Paper to spin-off cement business, India
Kolkata-based Orient Paper and Industries Ltd. said it will separate its cement business and turn it into a new entity called Orient Cement Ltd
Lafarge 2Q11 net profit falls 12%
Lafarge said second-quarter net profit fell 12 per cent as weak US demand and higher raw material costs impacted results.
LSR Group places bonds worth RUB2bn
LSR Group announces the results of the Series BO-05 bond placement worth RUB2bn (US$72.4m).
Indonesia’s Indocement 2Q net profit rises 0.7%
Indocement Tunggal Prakasa , Indonesia’s biggest cement maker by market value, said on Thursday that its
Southern Province Cement: Dividend payout at 27.5%

The board of directors of Southern Province Cement, Saudi Arabia, approved distributing cash dividend for
Chaodong Cement Posts 1H earnings, China
Anhui Chaodong Cement reported a net profit of CNY167m (US$25.9m) and earnings per share (EPS) of
Jidong invests CNY240m into subsidiary, China
Tangshan Jidong Cement plans to inject capital into Tangshan Jidong Cement Investment Development with
Citigroup downgrades Cemex shares
Citigroup has downgraded Cemex’s shares to hold from buy, according to reports.
Cementir is more hopeful for the year
Cementir’s turnover improved by 13.2% to EUR450.9m in the first half, while the EBITDA declined by