Cement News tagged under: Quarterly Results
China Resources Cement sees profits fall by 99%25 April 2016, Published under Cement NewsChina Resources Cement (CRC) has seen profits attributable to owners fall by 99 per cent to HKD6.6m (US$850,000) for the first three months of 2016 as compared to the same period in 2015. The firm's revenues fell by 24 per cent to HKD4.7bn (US$610m) in 1Q2016. The company was hit hard by falling prices: sales volumes rose from 15Mt in 2015 to 15.8Mt, but average prices fell by 27 per cent to HKD232.8/t (US$30/t). Sales volumes fell 14 per cent to 5.6Mt in Guangdong – CRC’s biggest prov... |
1Q14 turnover declines for Italcementi, while EBITDA recovers09 May 2014, Published under Cement NewsItalcementi's first quarter turnover declined by 3.3 per cent to EUR932.9m while the running EBITDA staged a 10.2 per cent recovery to EUR95.5m. The trading loss was reduced by 74.6 per cent to EUR4.2m and net interest charges increased by 29.3 per cent to EUR33.2m. The pre-tax loss increased by 19.6 per cent to EUR44.2m, but a lower tax charge reduced the net attributable loss by 12.7 per cent to EUR68.3m. The net debt at the end of March was 1.4 per cent lower at EUR2,076.5m, to give a ge... |
Saudi Arabia: Northern Cement 1Q14 profits surge 42%21 April 2014, Published under Cement NewsNorthern Region Cement Company reported SAR60,761,806 profit over the Jan-Mar 2014 period, up 42 per cent compared with SAR42.79m over the same period in the year before. |
Titan records a turnover of €847m for 9M1213 November 2012, Published under Cement NewsTitan Group's turnover for the first nine months of 2012 stood at €847m, posting a 1% increase compared to the same period in 2011. Earnings before EBITDA declined by 27%, reaching €162.5m. Net income after minority interests and the provision for taxes stood at €2m, compared to €54m in the same period in 2011. Group turnover grew for the second consecutive quarter. Growth was supported by indications of recovery in construction activity in the USA, sustained momentum in the markets of the... |