Friday, June 22, 2018
ARM Cement

Kenya: ARM Cement posts losses

ARM Cement announced that its net losses grew 2.3 times in the year ended December 2017 due to lower sales and smaller profit margins. The...
Chile Cement

Chile: Cement sector saw favorable first quarter results

Polpaico Cement and Melon Cement both reported rebounds in profits during the first quarter of 2018. Polpaico Cement saw total sales in the first three...
Fancesa

Bolivia: Fancesa changes Board members

The Board of the National Cement Factory has been changed following the recent 15-day worker strike. An economist, a business administrator and an auditor...
National Cement

Egypt: National Cement records 9 month loss

The company attributed to the loss to the poor condition of the factory ovens and low production volumes. The National Cement Company recorded a net...
Star Cement

India: Start Cement posts quarterly results

The company posted its results for the quarter ended in March 2018 showing stagnant volumes and declining profitability. Sales volumes increased by 1.3% year-on-year from...
Duna-Dráva Cement

Hungary: Vác Cement completed environmental modernisation

Duna-Dráva Cement, also known as Vác Cement, stated that the environmental and sustainability renovations have been successfully completed. The company has invested HUF 7 billion...
Cementos Pacasmayo

Peru: Cementos Pacasmayo’s net profit increases

The company announced the highest Q1 profit in 12 years as the previous year's results were impacted by the coastal phenomenon El Niño. Net profit...
Holcim Philippines

Philippines: Holcim announces Q1 results

The company stated that although cement demand is improving with the recent infrastructure investments, the positive financial performance was not enough to offset higher...
Mangalam Cement

India: Mangalam Cement posts Q1 loss

The company announced a first-quarter loss of INR 45.1 million compared to a profit of 34.8 million in the same period last year. Revenue from...
Fancesa

Bolivia: Fancesa estimates worsening losses

The company has been experiencing worker strikes and have halted operations since April 30. Cemento Fancesa estimates that it is losing approximately BOB 3.5 million...
JK Cement

India: JK Cement reported growing profit

The company announced that net profit has more than doubled in the first quarter of 2018 compared to the same period last year. JK Cement's...
FCC

Spain: FCC announces first quarter results

The company announced a 135% increase in net profit in the first quarter compared to the same period last year due to better performance...
Ambuja Cement

India: Ambuja Cement posts first quarter results

The company reported lower than expected growth of 3% in terms of volume in the March quarter compared to industry volume growth of 8%. Net...
HeidelbergCement

Germany: HeidelbergCement reports first quarter results

The company posted a net profit of EUR 6 million in the first quarter of 2018, which represents an improvement from a loss of...
Ciments de Bizerte

Tunisia: Ciments de Bizerte posts growing losses

The company's financial statements show an operating loss of TND 14.5 million for the end of the 2017 fiscal year. Ciments de Bizerte ended 2017...

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