Cement News tagged under: Tvornica Cementa Kakanj
TCK sees 65% rise in profit10 March 2021, Published under Cement NewsBosnia & Herzegovina’s Tvornica Cementa Kakanj (HeidelbergCement) has reported a 64.5 per cent YoY surge in net profit to BAM23.5m (US$14.29m) in 2020. The company’s operating revenues also advanced 23.4 per cent to BAM90.6m, while operating costs increased 59 per cent to BAM73.4m. |
Tvornica Cementa Kakanj benefits from CEMTEC classifier upgrade19 August 2020, Published under Cement NewsA new cement classifier at Tvornica Cementa Kakanj (HeidelbergCement group) located in the heart of Bosnia and Herzegovina, has been in successful operation since 2019. The classifier was manifactured and installed by the Austrian-based company CEMTEC. A second generation CTC-110 separator, including classifier circuit equipment, such as a process fan, cyclones, feed transport and discharge equipment was also installed by the company. The plant was specifically designed to properly install... |
TCK posts 15% decline in net profit for 201911 March 2020, Published under Cement NewsBosnia’s Tvornica Cementa Kakanj (TCK) has posted a 14.9 per cent YoY decline in net profit to BAM14.3m (US$8.4m) in 2019, compared with BAM16.8m in the previous year. The company’s operating revenue increased 1.8 per cent to BAM73.4m, while operating costs advanced 3.8 per cent to BAM57.3m. |
TCK announces 42% fall in net profit24 July 2019, Published under Cement NewsBosnia's Tvornica Cementa Kakanj (TCK) has announced that its net profit fell 42 per cent YoY to BAM5.3m (US$3m) for the 1H19, compared with BAM9.1m in the year-ago period. Operating revenue decreased 9.7 per cent to BAM32.2m in the first six months of the year, while operating costs rose 0.8 per cent to BAM26.8m. |
Tvornica Cementa Kakanj records 26% net profit increase03 August 2018, Published under Cement NewsBosnia’s Tvornica Cementa Kakanj (TCK) facility has recorded a 26.3 per cent YoY increase in net profit to BAM9.1m (US$5.4m) in the 1H18, according to its financial report. Operating revenue advanced 10.7 per cent to BAM35.6m, while operating costs also rose 6.4 per cent to BAM26.6m. TCK is majority-owned by Dutch-based CEEM Investment, a unit of HeidelbergCement. |
TCK reports 13% increase in operating revenue05 April 2018, Published under Cement NewsBosnian cement producer Tvornica Cementa Kakanj (TCK) recorded a 10.2 per cent YoY decrease in net profit for 2017, falling to BAM15.9m (US$10m) from BAM17.7m. However, the company’s operating revenue increased 12.7 per cent to finish at BAM70.2m, according to its annual financial report. Similarly, operating costs rose 13.1 per cent to BAM54.2m (2016: BAM47.1m). TCK is majority-owned by CEEM Investment, which is part of HeidelbergCement. |
Bosnia’s TCK sees 1H net profit edge up28 July 2017, Published under Cement NewsBosnian cement producer Tvornica Cementa Kakanj (TCK) reported a modest rise in 1H net profit to BAM7.2m (US$4.3m) from BAM7.1m a year earlier. The company’s operating revenue rose 8.8 per cent YoYto BAM32.2m in the January-June period, while operating costs expanded to BAM25m from BAM22.4m in 1H16. TCK is majority-owned by Dutch-based CEEM Investment, which is part of Germany's HeidelbergCement. |
Bosnia: TCK sees net profit rise to EUR7.1m in 201524 March 2016, Published under Cement NewsBosnian cement producer Tvornica Cementa Kakanj (TCK), owned by HeidelbergCement, saw its net profit jump to BAM13.8m (US$7.88m), up 22 per cent from BAM11.3m in 2014. The company’s operating revenue edged up 1.4 per cent YoY to BAM62.1m in 2015. Operating costs decreased to BAM48.2m from BAM49.7m in 2014, TCK said in its financial report sent to the Sarajevo Stock Exchange. |
Bosnia: TCK to distribute EUR8.3m as dividend22 May 2015, Published under Cement NewsBosnia-based Tvornica Cementa Kakanj (TCK) said its shareholders have approved distributing BAM16.2m (EUR8.3m) as dividend. The HeidelbergCement group company said in a statement issued after a shareholders meeting on Tuesday that is produced 420,000t of cement in 2014, down 11.8 per cent from 476,000t a year earlier. TCK posted a consolidated net profit of BAM11m on net sales revenues of BAM77.6m in 2014. In March, TCK director Branimir Muidza told SeeNews in an interview cement output ... |
Tvornica Cementa Kakanj’s consolidated net profit down 54%21 April 2015, Published under Cement NewsTvornica Cementa Kakanj’s consolidated net profit fell to BAM11m (US$6.1m) in 2014 from BAM16.9m a year earlier, the Bosnian cement producer reported on Monday. The HeidelbergCement group company said consolidated sales revenue declined 17.7 per cent YoY to BAM77.6m in 2014, Tvornica Cementa Kakanj (TCK) said in its audited financial report sent to the Sarajevo Stock Exchange. |