Displaying items by tag: GCW391
Thatta Cement’s sales rise as costs mount
07 February 2019Pakistan: Thatta Cement’s sales rose by 35% to US$16.7m in the half-year to 31 December 2018 from US$12.4m in the same period in 2017. Its cost of sales rose by 48% to US$12.5m from US$8.4m. Its profit for the period fell by 6.5% to US$2.2m from US$2.3m.
Published in
Global Cement News
Hail Cement hit by fall in prices
07 February 2019Saudi Arabia: Hail Cement’s profits have been reduced by a fall in prices, weakened demand and ‘tough’ competition. Its sales rose by 19% year-on-year to US$52.3m in 2018 from US$43.9m. However, its total profit fell by 77% to US$3.2m from US$13.5m.
Published in
Global Cement News
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