Cement News tagged: Corporate
Cemex sales increase highlights market improvement
Cemex has reported mixed first quarter results. Sales beat expectations but the net income amounted to a
Texas Industries: new appointments
Texas Industries Inc said it appointed Jamie Rogers as Vice President and Chief Operating Officer and he would report to Mel Brekhus, President and Chief Executive Officer.
Thai cement stocks set for gains?
Thai stocks may see some short-term gains as investors selectively buy shares during the reporting season but quick profit-taking could limit any strong rise, analysts said.
Orient’s Cement Division performing well
Indian conglomerate Orient Paper &Industries saw net profits climb toRs 775 million (+41% yoy) led by higher cement prices & other income. Revenues at Rs 6.96 billion (+27%), Cement (+22%)
Saint Gobain starts year well
Saint Gobain’s first quarter volumes were ahead by 7.6%, having fallen by 1.7% in the same period last year, while prices improved by an average 2.0%.
Dangote Group may list consolidated arm in November
Should the bid to consolidate its cement production subsidiaries continue as planned, Dangote Group will list the emergent company (Dangote Cement Plc) on the Nigerian Stock Exchange (NSE)
Asia Cement net profit surges
Asia Cement announced that net profit surged 274% YoY to CNY253m (US$40m) revenue rose 74% to CNY1.65bn.
Regulator directs bourses to list MI Cement, Bangladesh
The stock market regulator yesterday directed twin bourses to list MI Cement Factory Ltd on their trading boards
ACC net profit down on high input costs
Escalating input costs saw ACC report a drop of 11 per cent in its consolidated net profit for the first
Thai Siam Cement 1Q group net up 34%
Siam Cement Pcl (SCC), Thailand’s biggest industrial conglomerate, posted a 34 per cent rise in quarterly
Japanese cement firms seen moving into black in FY10
Taiheiyo Cement Corp and Sumitomo Osaka Cement Coo are expected to report group net profits for the year ended 31 March 2011, overcoming year-earlier losses by streamlining domestic operations.
Cimpor announces dividend
Portuguese cement major Cimpor says it will distribute the gross dividend of EUR0.20 per share from Ma
Oman Cement Co net profit falls on price pressures
Oman Cement Company reported net profit of OMR4.2m (US$10.9m) in 1Q11 compared to OMR7.1m
Raysut first-quarter net profit falls
Oman-based cement producer Raysut Cement Company reported net profit of OMR5m (US$13m) in
Binani Cement reports quarterly rise, to hive off power division
Indian producer, Binani Cement, reported a rise in standalone net profit for the quarter ended March 2011 to INR581.5m
Al-Rajhi Cement to issue bonds
Dubai-based Al-Rajhi Cement Holding said the company has issued JOD85m (US$119m) Islamic bonds for its unit in Jordan