Cement News tagged: Corporate
Holcim first quarter net sales up 70 per cent
Holcim has reported a successful start to the new year with investments in India and China create new growth potential. The Swiss major reported higher sales volumes across all segments for 1Q06. Ne
Titan Cement increases sales, profits in Q1 2006
The Titan Cement Group increased its net profits after taxes and minorities to EUR43m in the first quarter of 2006, up by 58% compared with the same period last year, while sales were up 34% to stand
Tasek Cement post RM11.98m profit, Malaysia
Tasek Corporation Bhd posted a net profit of RM11.98m for the third quarter ended March 31, 2006, a turnaround from the net loss of RM9.95m a year ago, on the back of improvements in demand and pricin
Valderrivas interested in Uniland
Fomento de Construcciones y Contratas SA’s cement unit Portland Valderrivas is eying ’with interest’ the acquisition of rival Cor
Andalas looks for Padang stake
PT Andalas Tuah Sakato (ATS) (no relation to Lafarge Andalas) hopes the government would let the company to acquire 25.53 per cent shares of Semen Padang that was allocated for Cemex SA. The Commissi
Shree Cement improves
Shree Cement, like other players in the Indian cement sector, has reported improved performance in the March 2006 quarter. Operating profit grew 100 per cent YoY to Rs 81.59 crore in the last quarter,
Camargo Corrêa issues US$250m in international bonds, Brazil
Brazilian civil engineering firm Camargo Corrêa has issued US$250m in senior unsecured bonds on international markets, local daily Valor Econômico reported
Cimpor dividend distribution
Cimpor - Cimentos de Portugal will distribute a dividend of 0.19 euro per share on its 2005 earnings, the company said in a note to Portugal’s national bourse regulator CMVM on May 8, 2006. The
Titan Q1 net seen up 22 per cent
Titan is expected to report a 22 per cent rise in first-quarter net profit, thanks to strong growth at home and abroad, analysts said on Monday. A Reuters poll of eight analysts forecast on average
Anhui Conch Cement gets approval to sell stake
Anhui Conch Cement Co Ltd said its parent has been given approval by the central government to sell a combined 14.34 per cent stake in the cement maker to MS Asia Investment Ltd and the International
SCCC operating result for Q1 2006
The consolidated revenues for the 1st quarter 2006 of Siam City Cement Public Company Limited reached THB 6248 million which was THB 569 million or 10.0 per cent higher than in the same period of 2005
Indocement reports higher net income
PT Indocement Tunggal Prakarsa Tbk posted a net income of Rp1429.9 billion in the first quarter ending at the end of March, it said in a statement. Indonesia’s second largest cement producer said the
Ciments Francais Q1 2006 net profit up
Ciments Francais SA posted a net profit of 60.9 mln euro for the first quarter of 2006, up by 67.5 per cent year-on-year. Operating profit surged by 103.5 per cent to 148.2 mln euro with a margin of
Sabanci plans to invest more
Sabanci Group plans to spend up to US$3bn in the next five years building new power stations and electricity distribution systems to help feed the country’s expanding economy. The company is al
Dyckerhoff narrows net loss, Germany
Dyckerhoff AG said Monday it narrowed its net loss in the first-quarter of 2006, aided by price increases as well as business growth in Eastern Europe.
Cement credit stable on sound cash flow, Japan
Moody’s Investors Service’s general outlook for the Japanese cement sector is stable, with sector companies enjoying steady cash flow and market positions, as well as continued capital str