Cement News tagged: Corporate
Portuguese Semapa buys
Enersis, the renewable energy unit of Portuguese cement maker Semapa, bought in co-operation with the largest local bank, state-owned Caixa Geral de Depositos SA (CGD), the entire stake in Renewable E
Gujarat Ambuja net up
Buoyed by higher cement prices, Gujarat Ambuja Cements Ltd (GACL), the fourth-largest cement producer, has posted a 50% jump in net profit for the fourth quarter ended June 30 to Rs 117.2 crore, up fr
Vulcan up by 18.7%
Turnover for the first six months grew by 7.5% to US$1,433.8m and the EBITDA advanced by 9.0% to US$279.5m. The aggregates-based business generated a turnover 7.5% ahead at US$1,122.3m to produce an 1
Ssangyong returns to black
Ssangyong Corp, a South Korean general trading company, said today that it swung to a net profit of 10.19 billion won (US$8.72 million) in the first half, a 214.2 per cent surge from a year ago. The
Fujian Cement 1H report
Shanghai-listed Fujian Cement Stock Co has reported earnings per share of 0.17 yuan for the first half of 2004 ended June 30, up from the 0.03 yuan for the same period of 2003. The company’s net profi
Suez Cement impressive results
Suez Cement released 1Q FY04 stand-alone results ending March, in which the company recorded an impressive net profit balance pertaining to LE69.7 million versus a LE6.1 million net loss achieved in t
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