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News Vicem increases cement sales and profit in first nine months of 2022

Vicem increases cement sales and profit in first nine months of 2022

Written by Global Cement staff 01 November 2022
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Vietnam: Vietnam Cement Industry Corporation (Vicem) sold 18.5Mt of cement during the first nine months of 2022, up by 6.5% year-on-year from the same period in 2021. The producer's cement and clinker sales volumes totaled 20.9Mt during the period, 71% of its full-year 2022 target.

Vicem recorded a pretax profit of US$60.4m, up by 8.4%. Vicem aims to achieve a US$82.5m pretax profit and increase its revenues by 10% to US$1.49bn.

Last modified on 02 November 2022
Published in Global Cement News
Tagged under
  • Vietnam
  • VICEM
  • Results
  • volumes
  • GCW581

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