Cement News tagged: Corporate
Siam Cement 2Q Net Profit
Siam Cement PCL said its net profit in the second quarter hit a record high, thanks to hefty gains from its affiliates. In the April-June quarter, Siam Cement recorded a net profit of THB7.74 billion
Buzzi Unicem Capital hike
The capital increase of Italian cement and concrete company Buzzi Unicem ended with 99.34 per cent subscription. The funds raised from the capital increase total Euro204.5m. The capital hike procedure
India Cements posts loss
INDIA Cements Ltd has reported a loss of Rs18.10 crore on sales of Rs 312.14 crore for the first quarter of 2004-05 against a loss of Rs 24.92 crore on sales of Rs 305.58 crore for the same period las
Saudi Qassim Cement
Saudi cement producer Qassim Cement Company (QCC) posted a net profit of 125.8 mln Saudi riyals (US$33.5m) for the first half of 2004, up by 1.5 per cent year-on-year. QCC’s gross profit stood
Saudi Cement Co Q1 2004
The cement output of Saudi cement producer Saudi Cement Company (SCC) rose to 1.293Mt for the first three months of 2004 from 1.088Mt in the corresponding period of 2003. Local cement sales stood at
GCC net profit up
Mexican cement maker Grupo Cementos de Chihuahua reported 175m pesos (US$15m) in net profit second quarter 2004, up 3% year-on-year as sales grew and financing costs and income tax fell, the company s
Suez Cement Q1 2004
Egyptian cement maker Suez Cement reported a non-consolidated net profit of 69.69 mln Egyptian pounds (US$11.2m) for the first quarter of 2004, compared to a net loss of 6.06 mln pounds (US$976,000) i
Healthy Q2 earnings likely for SCC
Siam Cement Plc is set to report healthy second-quarter earnings thanks to the higher petrochemical prices and rising demand for its cement and building materials business. “We expect earnings growth
Cementos Lima - profit up
Peru’s leading cement producer Cementos Lima posted a 51.8m-sol (US$15.2m) net profit in the first half, up 2.6 per cent from 1H03, according to information filed with the country’s securi
Pushka ends in profits
Ukrainian cement group Pushka has seen its income rise by 14.9 per cent or UAH 15.134 million to UAH 116.525 million. This was disclosed in the "TOP 100" list of Ukrainian enterprises with largest pro
Indonesia set to settle dispute with Cemex
The government will continue to seek out of court settlement for its long dispute with Cemex Asia over the divestment of the share of cement factory PT Semen Gresik. Cemex holds 25 per cent of the sha
Tabuk Cement rises to US$15.6m
Saudi cement producer Tabuk Cement Company (TCC) posted a net profit of 58.5 mln Saudi riyals (US$15.6m) for the first half of 2004, up by 75 per cent year-on-year. TCC’s sales stood at 140 mln
Ciments Francais moves up
H1 Sales came in at Euro 1524m, up 7.1% on last year and 0.8% above Deutsche Bank forecasts. Like for like sales were up 9.5%. Similar to Lafarge cement proved to be the main driver with like for like
Ciments Francais H1 2004 turnover up, France
Ciments Francais, controlled by Italian cement producer and distributor Italcementi S.p.A., ended the first half of 2004 with a turnover of EUR1.52bn (US$1.864bn), a 7.1 per cent YoY increase. At con
Calbre Posts EUR241,000 net profit, Italy
Italian concrete and cement products distributor Calbre posted a net profit of EUR241,000 in 2003, compared to a EUR349,000 net profit in 2002. The company, based in Montichiari, in the northern Ital
Tabuk and Union, Saudi Arabia 1H04 boost
The net profit of UAE Ras al-Khaimah cement manufacturer Union Cement surged 226 per cent YoY to AED48.9m (US$13.3m) for the first half of 2004. The company’s sales revenue climbed 68.1 per cen