Cement News tagged: Corporate
Cimpor 9-month figures
Cimpor said Monday flat sales and higher costs led to a 6.6 per cent decline in nine-month consolidated net profit. Profits fell to Euro 139.2m compared with EUR149.0 million for the first nine month
Cementir pre-tax profits rise
Italian cement company Cementir, a unit of the local construction company Caltagirone, posted a pre-tax profit of Euro 49.7m for the first nine months of 2004, compared to Euro 31.1m for the same peri
National Bank eyes Heracles sale
The National Bank, Greece’s largest bank, plans to offload its minority stake in cement maker Heracles by the year end in a bid to cut non-core activities, a senior bank official said on Tuesday
Egyptian Misr Cement Qena posts profits
The net profit of Egyptian cement producer Misr Cement Qena soared 150 per cent year-on-year in the first nine months of 2004 to Egyptian Pounds 53.48m (US$8.6m).
Kuwait Portland Cement Jan-Sept 2004
Kuwaiti cement trader Kuwait Portland Cement posted a net profit of 5.85m Kuwaiti dinars (US$19.9m) for the first nine months of 2004, a decrease from 10.64m dinars (US$36.1m) in the same period of 20
Ciment Francais lifts 9m net profit
French cement maker Ciments Francais posted an 8.7 per cent rise in nine-month net profit on Friday partly due to a reduction in financial costs and an increase in the contribution from equity-accoun
Italcementi net profit down Jan-Sept 2004
The Italian cement producer and distributor Italcementi S.p.A. ended the first nine months of 2004 with a consolidated net profit of Euro 222.2m (US$286.4m), down by 3.5 per cent year-on-year, it was
Saudi Eastern Province Cement
Saudi cement producer Eastern Province Cement Company (EPC) posted a net profit of 214.9m Saudi riyals (US$57.3m) for the first nine months of 2004, up 9.1 per cent YoY. EPC’s pre-tax profit for
Holcim comfortably ahead after nine months
Holcim increased turnover by 6.6% to Sw.Fr.10,017m (€6,463m) in the first nine months of 2004, an increase of 6.6%. The operating profit at the EBITDA level advanced by 15.3% to Sw.Fr.2,792m (€1,801m
Cash-flush PPC declares R1-billion in dividends
Pretoria Portland Cement (PPC) has celebrated an outstanding trading year to end September by declaring total dividends of more than R1bn.
Philippine Republic OKs Cement Co Acquisition
Republic Cement Corp said its stockholders have approved the acquisition of Continental Operating Corp. Continental is the local cement unit of Republic Cement shareholder, Lafarge. Republic Cement sa
Associated Cement Companies
The management of Associated Cement Companies (ACC) held a conference call to discuss their quarterly and half-yearly results. The company mentioned that it owed its good performance in Q2 FY05 to b
UAE Umm Al-Qaiwain Cement Industries
The net profit of UAE cement manufacturer Umm al-Qaiwain Cement Industries Company surged to 6.4 mln Kuwaiti dinars ($21.7m) for the first nine months of 2004 from 1.9 mln dinars ($6.4m) in the year-a
Insurance firm challenges Union Cement purchase
A Philippine insurance company has asked the Securities and Exchange Commission (SEC) to reverse an earlier order exempting the sale of Union Cement Holdings Corp. (UCHC) shares from the mandatory ten
Lafarge NAmerica reports lower Q3
Lafarge North America late Tuesday reported third-quarter earnings of $165.6m, or $2.16 a share, compared with $225.3m, or $3.07 a share, last year. The construction materials supplier reported sales
St Lawrence Cement Group Third Quarter Results
St Lawrence Cement Group reported sales of $428.6m for the third quarter ended September 30, 2004, compared to $401.3m for the same period last year, an increase of 7 per cent. Net earnings were up 11