Cement News tagged: Corporate
Gezhouba Group earns US$1.89m
The Shanghai-listed Gezhouba Group Corporation reported main business revenues of RMB 467.14m (USD 56.42m), with total net profits of RMB 15.62m (USD 1.89m) in the third quarter of 2004. Cement
Vicat Posts higher Q3 turnover
French building materials supplier Vicat SA posted a Euro 432.56m turnover for the third quarter of 2004,
CRH talks to JP Morgan analysts
Reporting from a recent Dublin meeting with JP Morgan analysts, they note that although CRH did not talk about current trading as such, they believe the overall tone was that there probably would not
Birla back in black
The Birla Group flagship, Birla Corporation Ltd, is back in black with a net profit of Rs13.38 crore for the quarter to September 30, 2004. The company posted a net loss of Rs8.14 crore during the cor
More gains at Oman Cement
Oman Cement has posted a 55 per cent increase in net profit at RO9.67 million for the first nine months of the current year ended September 30, 2004. Bashar Saleh Al Dhahir has resigned from the boar
Japan’s Sumitomo Osaka Cement cuts forecast
Cement maker Sumitomo Osaka Cement Corp said it has lowered its full year to March 2005 net profit forecast to 4.6bn yen from 5. 5bn due to the adverse impact of surging coal and crude oil prices, whi
Italcementi Q3 net flat to lower
Italcementi SpA’s third quarter net profit, due Friday, is expected to be flat to lower on the lack of last year’s exceptional gains, and on higher energy costs, analysts said. The net wil
Indocement nine months figs down
PT Indocement Tunggal Prakarsa, Indonesia’s second-largest cement maker, Monday said its nine-month net profit fell 74 per cent on year due mainly to foreign exchange losses. Net profit in Janua
Cemex acted quickly to cement RMC deal
The market heard about the deal on September 27 and was excited by its sheer size – reports the UK Banker magazine. Cemex, Mexico’s cement manufacturer, paid no less than $4.1bn in cash for RMC,
FLS Industries A/S completes sale
The Danish engineering and building materials group FLS Industries A/S announced on Friday (29 October) that its sale of the cement operations Aalborg Portland and Unicon to the Italian group Cementir
Spanish Cementos Lemona profit down
Spanish cement producer Cementos Lemona posted a Euro 9.11m consolidated attributable net profit for the first nine months of 2004, down 35 per cent year-on-year, the company reported to the Spanish s
AXA increases HeidelbergCement stake
French insurance giant Axa said Friday it had increased its stake in German cement maker HeidelbergCement to 10.22 percent from 9.28 percent previously. Under German law, companies are obliged to publ
China touches the interest brakes
China’s central bank raised interest rates Thursday for the first time in nearly a decade, signaling a deep unease with the breakneck pace of development and an intent to curb a construction boom that
India’s Mangalam Cement swings to profit
Indian cement maker Mangalam Cement Ltd said on Friday it made a net profit of 4.6 million rupees in the July-September quarter compared with a net loss of 290.7 million rupees a year ago. It said ne
Colombian Cementos Rioclaro
Colombian cement maker Cementos Rioclaro, a subsidiary of Colombian largest cement maker Cemento Argos, posted a net profit of 33.574bn Colombian pesos ($12.99m) from January to September 2004, compar
Siam Cement posts jump in 3Q net profit
The Siam Cement Group posted net profit of 11,988 million baht (US$292m) for the third quarter of this financial year, a jump of 147 per cent on the same period last year. The company said in a state