Cement News tagged: Corporate
TCC posts $60m profit as sales rise
TCC International Holdings, a cement manufacturer, importer and distributor, reported a net profit of HK$60.1m through June, compared to a loss of HK$24.2m in the same period last year.
Holcim plans to increase stake in Ambuja Cement
Holcim Ltd has launched a $1.34bn offer to acquire a controlling stake in its Indian partner as an expansion into Asia begins to pay off.
Adelaide Brighton promises further increases after 1H earnings rise 12 per cent
Adelaide Brighton Ltd has raised its full year guidance on expectations of greater demand for cement and lime.
Siam Cement Group sweeps 5 out of 9 awards in Thailand Corporate Excellence Awards
The Siam Cement Group swept five out of the nine awards in the sixth Thailand Corporate Excellence Awards.
Chile producers’ profits dip in 1H07
Chile’s top three cement producers – Cementos Bío Bío, Lafarge and Polpaico – all saw their bottom line drop during the first half of this year compared to the same six months of 2006
Cimpor H1 sales seen up on new units, higher costs to weigh on net
Cimpor is expected to report next Friday firm top line growth thanks to its consolidation of recent acquisitions, though this is expected to weigh on the company’s cost base, analysts said.
Jiangxi Cement to Net RMB18M in profits
Jiangxi Cement realized RMB11.4874M in net profits in the first six months of 2007
Monarch Cement’s cash flow sees sizeable gains
Cash flow from operations for The Monarch Cement Company for its quarter ended June 30, 2007
KKR enters Chinese cement sector
Buyout giant Kohlberg Kravis Roberts is nearing completion of its first China purchase after
China’s Anhui Conch shareholders approve share sale
Anhui Conch Cement Co Ltd said its shareholders have approved the sale of an additional 200m
Banks to provide loan to Spasskcemen
The Siberian branch of Raiffeisenbank Austria and the Vladivostok branch
Jidong Cement’s net profits soar
Jidong Cement’s sales volume of cement and clinker reached 9.3577Mt
Smaller companies back in focus
Indian analysts suggest that JK Cement, JK Lakshmi Cement, Birla Corporation and Century Textiles
Thailand’s Siam City Cement earnings slightly
SCCC reported a 2Q07 net profit of Bt945mn, down 6.8% YoY and 17.1% QoQ.
Vietnam: Machinery giant looks to industrial investment
The Vietnam Machinery Assembling Corporation Lilama has so far this year invested almost 2 trillion VND
KHD Humboldt Wedag International reports
KHD Humboldt Wedag International Ltd today announced results for the second quarter and six months ended June 30, 2007.