Cement News tagged: Corporate
Indonesia Gresik Q2 net soars on sales
Semen Gresik reported on Tuesday a jump in second-quarter net profit as new construction spurred demand and historically low interest rates reduced debt payment costs.
Wolseley increases Irish presence
The leading European and North American distributor, Wolseley is substantially increasing its presence on the Irish market.
Gulf Cement profits rocket
Ras Al Khaimah based Gulf Cement Company has reported a 500 per cent surge in profits.
Shree Cement: a company to watch?
Shree Cement stock stock has the potential to deliver attractive returns over a one/two year period according to Indian analysts. Along with Grasim, Gujarat Ambuja and Madras Cements, Shree Cement is
Confident over profits
Confidence Cement, Bangladesh has approved five per cent dividend for its shareholders for the year 2003.
Pacasmayo H1 profits
Peru’s second largest cement producer Cementos Pacasmayo posted an 11.3% increase in net profits to PEN31m (US$9.07m) for the first half of 2004 compared to PEN27.9m in 2003, according to a fili
St Lawrence Cement 2Q
Second-quarter net income rose 25% at St. Lawrence Cement Inc, reflecting higher sales volumes and price increases.
Portuguese Semapa buys
Enersis, the renewable energy unit of Portuguese cement maker Semapa, bought in co-operation with the largest local bank, state-owned Caixa Geral de Depositos SA (CGD), the entire stake in Renewable E
Gujarat Ambuja net up
Buoyed by higher cement prices, Gujarat Ambuja Cements Ltd (GACL), the fourth-largest cement producer, has posted a 50% jump in net profit for the fourth quarter ended June 30 to Rs 117.2 crore, up fr
Vulcan up by 18.7%
Turnover for the first six months grew by 7.5% to US$1,433.8m and the EBITDA advanced by 9.0% to US$279.5m. The aggregates-based business generated a turnover 7.5% ahead at US$1,122.3m to produce an 1
Ssangyong returns to black
Ssangyong Corp, a South Korean general trading company, said today that it swung to a net profit of 10.19 billion won (US$8.72 million) in the first half, a 214.2 per cent surge from a year ago. The
Fujian Cement 1H report
Shanghai-listed Fujian Cement Stock Co has reported earnings per share of 0.17 yuan for the first half of 2004 ended June 30, up from the 0.03 yuan for the same period of 2003. The company’s net profi
Suez Cement impressive results
Suez Cement released 1Q FY04 stand-alone results ending March, in which the company recorded an impressive net profit balance pertaining to LE69.7 million versus a LE6.1 million net loss achieved in t
Siam Cement 2Q Net Profit
Siam Cement PCL said its net profit in the second quarter hit a record high, thanks to hefty gains from its affiliates. In the April-June quarter, Siam Cement recorded a net profit of THB7.74 billion
Buzzi Unicem Capital hike
The capital increase of Italian cement and concrete company Buzzi Unicem ended with 99.34 per cent subscription. The funds raised from the capital increase total Euro204.5m. The capital hike procedure
India Cements posts loss
INDIA Cements Ltd has reported a loss of Rs18.10 crore on sales of Rs 312.14 crore for the first quarter of 2004-05 against a loss of Rs 24.92 crore on sales of Rs 305.58 crore for the same period las