Cement News tagged: Corporate
Siam City earnings
Siam City Cement PCL, Thailand’s second largest cement producer, Friday reported flat earnings growth in the second quarter as rising sales costs offset higher revenue.
Cemex Venezuela
Cemex Venezuela, subsidiary of the Mexican cement company Cemex, had a net profit of Bs$23.812bil (US$12.4m) in the first half of 2004 (Jan-Jun), recovering from losses of Bs$8.916bil (US$5.6m) posted
Inteco buys controlling stakes
The Moscow Inteco group, incorporating almost 30 companies, continues to buy cement assets. The company has now bought controlling stakes in two companies, Ulyanovsk Cement and Zhigulevsk Constructio
Angarskcement reports
In 1H2004 Angarskcement produced 295,936t of cement, up
Saudi Eastern Province Cement Q1
The cement output of Saudi cement producer Saudi Eastern Province Cement Company (EPC) decreased to 589,000t in the first three months of 2004 from 649,000t in the corresponding period of 2003.
Qatar National Cement Co
The Qatar National Cement Company (QNCC) increased its net profit to 95.7 mln Qatari riyals ($26.3m) in the first half
Xinjiang Qingsong Cement Co
Shanghai-listed Xinjiang Qingsong Cement Co., Ltd has reported earnings per share of 0.079 yuan for the first half of 2004 ended June 30, down from 0.081 yuan for the same period of 2003. The company
Exchange rates impact Juan Minetti
Argentina’s second largest cement company Juan Minetti (holcim) posted a 31.4mn-peso (US$10.5m) consolidated net profit first half this year, down 71% from 1H03
UAE Fujairah Cement H1
UAE cement manufacturer Fujairah Cement Industries Company reported a net profit of 3.42 mln Kuwaiti dinars ($11.6m) for the first half of 2004, up from 1.19 mln
Holcim italia anti-trust
In April 2003, the Italian antitrust authority began investigations into market sharing agreements in the ready-mix concrete business in Lombardy. Holcim (Italia) SpA
James Hardie posts 13% jump
James Hardie Industries delivered a jump in first quarter profits, but warned its Australian sales could be hurt by negative sentiment from an ongoing inquiry into its asbestos liabilities.
Mikhailovcement increases output
Output of Mikhailovcement exceeded 1Mt tons of cement in Jan-July 2004
Lemminkäinen reports
In a positive construction environment and thanks to a less severe winter, the leading Finnish building materials and contracting group Lemminkäinen saw first half turnover improve by 14.3% to €640.8m
Dyckerhoff’s profits shift east
First half turnover rose by around 4% to EUR550m after adjusting for changes to the corporate structure, without which there was a 12.7% decline.
Heracles Cement H1 profit up
Greek cement producer Heracles, majority owned by France’s Lafarge, said first half group pretax profit grew 37.5 percent to EUR55m (US$67.42m).
Readymix posts 20pc pre-tax fall, Ireland
Irish cement maker Readymix has reported a 20 per cent drop in pre-tax profits to EUR9.5m, in the six months ended June 2004.