Cement News tagged: Corporate
Extra items expected to drag down 4Q06 earnings
When Siam Cement (SCC) announces its 4Q06 earnings on Jan 24, the company’s results will be disappointing with a 22% QoQ drop in net profit to Bt5,918m.
Prism Cement jumps on profit surge
Prism Cement recorded nearly 10 per cent gain to close at Rs 41.60, following the announcement of a fifteen-fold jump in December quarter profits.
Orascom in Tarmac bid rumours
Egyptian conglomerate Orascom is rumoured to have had a £1.5bn offer for Tarmac turned down.
Dalmia Cement Q3 net profit jumps by 453 per cent
New Delhi, Jan 16 (PTI) Dalmia Cement (Bharat) Ltd today reported a more than five-fold jump in its net profit at Rs 64.84 crore
PCLA Cement Maker Wants to Withdraw its Shares from Public Trading
Cement producer Povazska Cementaren a.s. Ladce (PCLA) decided is withdrawing its shares from the Bratislava Stock Exchange (BCPB)
Readymix predicts 28 per cent profit surge
Profits at cement group, Readymix, are expected to surge by 28 per cent for 2006, the company said this morning in a trading update to the Irish Stock Exchange.
Dalmia Cement net jumps 5.53 times for Dec`06 qtr
Dalmia Cement (Bharat) disclosed a 5.53 times jump in net profits to Rs 648.40m for the quarter ending December 2006 from Rs 117.20m for the December 2005 qu
Thailand’s TPI Polene: lower interest costs and forex gain to boost 4Q06 earnings
TPI Polene (TPIPL) is expected to post impressive 4Q06 earnings next week of Bt531mn (EPS of Bt0.26), up 87% yoy but down 28% QoQ.
Jaiprakash Associates 3Q results
Jaiprakash Associates has released its 3Q earnings, reporting net profit at Rs 102 crore (Rs 1.02 billion) as against Rs 56 crore (Rs 560m) in the same quarter of earlier year.
New head of Castle Cement, UK
A new managing director has been appointed at Castle Cement’s Padeswood site in Flintshire.
Holcim picks up 1.65 per cent stake in GACL
Holcim has picked up further 1.65 per cent stake in Gujarat Ambuja Cements Ltd (GACL) for Rs 307.46 crore in open market transactions.
Saudi Eastern Cement Q4 net profit up 79 per cent
Saudi Arabia’s Eastern Province Cement Company said on Tuesday fourth quarter net profit rose 79 per cent from a year earlier to SAR111m ($29.60m).
Taiwan’s Asia Cement Dec parent sales TWD871.52m vs TWD1.02bn
Asia Cement Corp said its parent sales in December fell to TWD871.52m from 1.02bn
China’s Huaxin Cement suspended pending announcement
Huaxin Cement Co Ltd said its shares will be suspended from trading on the Shanghai bourse today ahead of an announcement
Buzzi Unicem not to raise Dyckerhoff offer
Italian cement maker Buzzi Unicem will not raise its offer for minority sharesholders in Dyckerhoff any further, Buzzi’s chief executive said in a German news reports.
FLSmidth is negotiating to sell marine and turbo gear business in Switzerland
MAAG Gear AG, FLSmidth’s Swiss-based subsidiary, will in future focus on gears for the cement and minerals industries.