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News Cementarnica Usje’s profit plunges in first quarter of 2025

Cementarnica Usje’s profit plunges in first quarter of 2025

Written by Global Cement staff 01 May 2025
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North Macedonia: Cementarnica Usje, part of Greece’s Titan Cement, said that its net profit plunged by 47% year-on-year to €2.6m in the first three months of 2025. This was despite just a 2% decrease in total operating revenues, which came in at US$19.5m over the three-month period. Total operating expenses grew by 22% year-on-year to US$15.2m, mostly due to higher costs for raw materials.

Last modified on 07 May 2025
Published in Global Cement News
Tagged under
  • Cementarnica Usje
  • Morocco
  • Results
  • Titan Cement
  • Europe
  • GCW708

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