Cement News tagged under: Tokyo Cement Co (Lanka)
Tokyo Cement suffers LKR285m loss01 June 2018, Published under Cement NewsSri Lanka's Tokyo Cement Co (Lanka) Plc has reported a LKR285m (US$1.79m) loss in the March 2018 quarter compared with a profit of LKR911m a year ago. Group sales fell two per cent to LKR8.8bn over the period, according to interim accounts filed with the stock exchange. In the year to 31 March 2018, Tokyo Cement made a net profit of LKR2.27bn although sales were down one per cent to LKR36bn. |
Tokyo Cement launches ERP system16 May 2018, Published under Cement NewsTokyo Cement Company (Lanka) PLC has fully integrated its Enterprise Resource Planning (ERP) ssytem throughout its business unites. Providence Global supplied the ERP solution across Tokyo Cement's network of facilities including the main cement manufacturing plant located in Trincomalee, Sri Lanka, the ready-mix concrete manufacturing plant network, bulk cement import operations terminal and biomass power generation units, fully integrating supply chain management and warehouse operation... |
Tokyo Cement Co (Lanka) incorporates ready-mix subsidiary16 February 2018, Published under Cement NewsThe Colombo Stock Exchange has been informed that Tokyo Cement Company (Lanka) PLC is incorporating Tokyo Supermix (Pvt) Ltd, a fully-owned subsidiary. The Primary objective for setting up the company is for operate manufacturing and distribution of ready-mixed concrete and value added cement products under a separate entity. Tokyo Cement Company (Lanka) PLC proposes to transfer all the assets and liabilities of the ready-mix operation to the fully owned subsidiary company. |
Tokyo Cement makes settlement over brand name24 October 2017, Published under Cement NewsTokyo Cement Company (Lanka) PLC agreed to a settlement over a suit filed against Ruhunu Lanka Cement (Pvt) Ltd in the Commercial High Court of the Western province, Sri Lanka. Tokyo Cement alleged infringement with regard to the similar trade names of the brands that the two companies distributed under. The plaintiff’s company, Tokyo Cement, distributes under various brands including Tokyo Super, Mitsui and Nippon. The company stated that it was in joint venture with Japan’s Mitsui Mining... |
Susumu Ando Ube Singapore's Nominee Director for Tokyo Cement Co (Lanka)25 August 2017, Published under Cement NewsTokyo Cement announced the appointment of Susumu Ando as the Nominee Director for Ube Singapore Pte Ltd to the Tokyo Cement Company (Lanka) PLC's Board of Directors effective from 28 July 2017. Susumu Ando is currently serving as the Managing Director of Ube Singapore Pte Ltd, which recently increase their stake in Tokyo Cement. He joined the Ube Group in 1997 with a Bachelor of Commerce degree from Ritsumeikan University in Japan. He has served in the company’s cement, construction mater... |