Cement News tagged under: Cementarnica Usje
Cementarnica Usje 2012 net profit falls, Macedonia03 May 2013, Published under Cement NewsMacedonia’s sole cement producer Cementarnica Usje said its consolidated net profit fell to MKD1.32bn (EUR21.4m) in 2012 from MKD1.92bn a year earlier. Sales revenue fell 18 per cent to MKD3.76bn last year while operating profit decreased MKD1.28bn from MKD1.92bn. Despite Macedonian cement demand made solid gains in 2011 when it advanced 24 per cent to 0.82Mt from 0.66Mt the year before. However, much of this advance was surrendered in 2012 with forecasts indicating that demand fell 18 pe... |