Cement News tagged: Corporate
Oman: Raysut Cement profits more than double in 2006
Officials at Raysut Cement announced that the company’s net profits have more than doubled to $53.6 million in 2006, compared with $26.06m in the previous year, Times of Oman reported.
Hanson plays down takeover target rumours
Industrial group Hanson has played down rumours that it has been made a takeover target.
Adelaide Brighton hits FY06 record protfit
Cement and lime producer Adelaide Brighton Ltd has produced a record full year profit and expects to continue to grow its business this year, despite a patchy housing market.
Record high for Hanson as investors build on long-term hopes
Building materials group Hanson was chased to an all-time high as investors relished the prospect of further consolidation in the sector.
Holcim raises CHF650m with bond
Holcim Ltd said Tuesday it has raised CHF650m in a bond issue aimed at refinancing existing debt.
Siam Cement unit sees sales growing 20% on rising demand
Cementhai Logistics Co , the logistics arm of the Siam Cement Group, projects its sales to rise 20% this year from 7.6 billion baht last year.
Lafarge Malayan Cement books sharply higher annual profit
Thanks to recovery in domestic cement prices, Lafarge Malayan Cement Berhad has booked pre-tax profit of RM212.095m (US$60.7m) for the 12 months ended 31 December 2006,
EA Portland After-Tax Profit Rises to Sh727.6m
Cement maker, East African Portland Cement Company (EAPCC), has posted an after tax profit of Sh727.6 million in the six months period ended December 31 last yea
Siam City Cement Mediocre FY07 prospects
The outlook for the domestic cement industry this year appears uninspiring with a slowdown expected in domestic construction activity, particularly in the real estate sector.
Bamburi posts higher earnings
Keny’s leading cement manufacturing company, Bamburi Cement has announced it earned Shs95 billion in pre-tax profits for the financial year ended December 31,
Cementir two years ahead of business plan
Italian cement and concrete group Cementir yesterday announced pre-tax profits of 168.9m euros for 2006,
Semen Gresik to Conduct Corporate Restructuring
PT Semen Gresik Tbk has planned to conduct corporate restructuring by establishing holding companies to control some cement units like PT Semen Gresik Tbk, PT Semen Padang, and PT Semen Tonasa.
Titan Cement FY net to rise 31.7%
Titan Cement is expected to report on Feb 21 a 31.7% rise in full year group net profit to EUR276.8m from a year earlier, on the back of robust sales in Greece, healthy exports and due to its diversi
Kuwait Cement’s 2006 net profit up 6.9 per cent
Kuwait Cement Co. posted a 2006 full-year net profit of KWD40.3m (US$139.3m), up 6.9 from the previous year.
Kuwait Cement’s 2006 net profit up 6.9 per cent
Kuwait Cement Co. posted a 2006 full-year net profit of KWD40.3m (US$139.3m), up 6.9 from the previous year.
Lafarge FY 06 Sales EUR16.9bn Vs EUR14.48bn
Lafarge said it recorded revenues of EUR16.9bn in 2006 compared to EUR14.48bn in 2005.