Cement News tagged: Corporate
Gujarat Ambuja net climbs 159%, India
Buoyed by higher cement prices, Gujarat Ambuja Cements’ net profit in the September quarter was up 159%
OCL India Ltd Q2 net profit up 45 per cent, India
OCL of India today posted an increase of 45 per cent in its net profit at Rs 11.08 crore for the quarter ended
Cimsa and Oyak end partnership in Oysa Cimento, Turkey
Cement manufacturer Cimsa Cimento Sanayi and Oyak, a military pension fund, sent separate statements to the ISE and said that they decided to end their partnership in Oysa Oyak Cimento.
OCI discloses stake in Texas Industries – considering takeover
In a 13D filing on Texas Industries Inc. (TXI), Nassef Sawiris/NNS Holding and director and CEO of Orascom Construction Industries, disclosed a 2.3% stake (547,700 Shares)
Siam cement voted most admired company in Thailand
Siam Cement has been voted the most admired company in Thailand in the latest "Asia 200" survey by the Wall Street Journal Asia, The Nation reports.
ACC sees marginal rise in net profit, India
Associated Cement Companies (ACC) posted a marginal rise in net profit at Rs 225.3 crore in the September ’06 quarter as compared with Rs 224.74 in the same quarter of the previous year
FCCL registers flat results, Pakistan
Fauji Cement Company Limited (FCCL) has registered a flat trend with net profits standing at
Sinai Cement’s H1 profit more than doubles, Egypt
Egyptian cement company Sinai Cement more than doubled net profits in the first half of 2006 to E£147.3m (US$25.7m),
FCCL to announce Q1 after tax profit, Pakistan
Fauji Cement Company Ltd (FCCL) is expected to have earned after tax profit of Rs360.6m in the first quarter of the current financial year
UltraTech net up on firm cement prices
AV Birla group company UltraTech Cement Ltd has posted a net profit of Rs 127 crore for the second quarter ended
CRH signs letter of intent to buy China’s Jilin Cement, China
CRH PLC said it signed a letter of intent to acquire a 26 per cent stake in Yatai Cement, the cement business division of China’s Jilin Yatai Group, subject to Chinese government approval.
Raysut Cement Q3 profit almost triples, Oman
Raysut Cement Co, Oman’s largest producer of cement, made a third-quarter net profit of OMR5.61m (US$14.57m), almost three times more than in the same quarter last year.
Gresik forecasts up to 20% profit jump, Indonesia
PT Semen Gresik has predicted that its net profit this year would increase up to 20 per cent comparing with that of last year.
Thailand’s Siam Cement (SCC): Strong 3Q06 earnings driven by petrochemicals
Siam Cement (SCC) will announce its 3Q06 earnings on Oct 25 and the normalised profit is expected to be very strong
Favourable Q2 results expected
Indian Stock market analysts expect cement, automobile and banking stocks to post good results for the July-September quarter.
Indonesia set to expand privatisation
The Indonesian government says it will ramp up its privatisation program next year, giving investors a chance to buy shares in a