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News ACC publishes nine-month 2020 results

ACC publishes nine-month 2020 results

Written by Global Cement staff 20 October 2020
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India: LafargeHolcim subsidiary ACC’s profit in the first nine months of 2020 was US$130m, down by 13% year-on-year from US$149m in the corresponding period of 2019. Sales also dropped, by 17% to US$1.31bn from US$1.58bn. Cement sales totalled US$1.24bn from US$1.45bn. An 18% decline in expenses to US$1.14m from US$1.39m failed to offset the effects of a price drop in the first half of 2020 due to decreased demand.

Last modified on 21 October 2020
Published in Global Cement News
Tagged under
  • India
  • ACC
  • Results
  • GCW478

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