Cement News tagged: Corporate
Misr Beni Suef posts profits H1 2004
Egyptian cement producer Misr Beni Suef Cement (MBSC) posted a net profit of 19.63m Egyptian pounds (US$3.2m) for the first half of 2004, up 15.7 per cent year-on-year. The
Jordan Cement Factories H1 2004
Jordanian cement producer Jordan Cement Factories Co (JCFC) registered an 86.6 per cent surge in net profit to 22.79m Jordanian dinars (US$32.2m) for the first half of 2004 from
Cimpor mulls purchase of Loma Negra
Portuguese cement company Cimpor - Cimentos de Portugal SGPS is studying the possibility of purchasing Argentine cement maker Loma Negra, it was reported on August 14, 2004. According to a publicati
RAK White Cement sales up
Ras Al Khaimah White Cement and Construction Company has achieved a qualitative leap in its operations and investments, whereby its sales increased by 20 per cent against sales accomplished during 200
Datong Cement Co 1H figures
Shenzhen-listed Datong Cement Co has reported earnings per share of 0.025 yuan for the first half of 2004 ended June 30, up from the 0.02 yuan for the same period of 2003. The company¡&hibar;s net pro
Nordea and Danske Bank set to rebuild FLS fortunes
Nordea and Danske Bank are set to help rebuild the fortunes of FLS Industries, the Danish engineering group and once held in high esteem by the country’s industrialists.Nordea and Danske, also l
Taiheiyo Cement cuts domestic output
Taiheiyo Cement Corp. has lowered domestic cement output because of rising production costs stemming from a jump in prices of coal, the main fuel used in making cement. Coupled with a price hike of 30
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