Gornozavodsktsement reported a -9.9 per cent drop in revenues to RUB3.65bn (US$64.7m) in FY16 vs RUB4.05bn in FY15, according to Russian accounting standards.
FY16 net profit fell -45.4 per cent YoY from RUB679.3m to RUB370.8m.

Sinoma Cement acquires stake in Jbel Oust
On 15 April an official ceremony was held at the Jbel Oust cement plant in Zaghouan governorat...