Cement News tagged under: market results

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Vietnam’s cement output rises 1.9% YoY in 5M24

30 May 2024, Published under Cement News

Vietnam’s General Statistics Office (GSO) has announced that the country’s cement production totalled an estimated 75.7Mt in the January-May 2024 period. This represents a 1.9 per cent YoY increase in production, compared to the same period in 2023.  In May alone, the country is expected to have produced an impressive 17.4Mt, marking a YoY increase of 7.3 per cent.  This trend of increased production could suggest a turnaround in the industry, as the country produced just 120.1Mt in 20...

Pakistan cement prices unlikely to rise soon

17 November 2017, Published under Cement News

Pakistan cement producers are unlikely to increase their prices for the next three months to avoid investigation by the Competition Commission of Pakistan (CCP), reports Asianet Pakistan. The gross profit of the cement sector in Pakistan has fallen by 13 per cent YoY to PKR20.9bn (US$198m) in the first quarter of FY18. Profit after taxes decreased three per cent to PKR13.74bn from PKR14.11bn of the year-ago period. The net revenue of the industry increased 11 per cent on a yearly basis...