Powtech Technopharm - Your Destination for Processing Technology - 29 - 25.9.2025 Nuremberg, Germany - Learn More
Powtech Technopharm - Your Destination for Processing Technology - 29 - 25.9.2025 Nuremberg, Germany - Learn More
Global Cement
Online condition monitoring experts for proactive and predictive maintenance - DALOG
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Privacy & Cookie Policy
  • About
  • Trial subscription
  • Contact
News Tokyo Cement

Displaying items by tag: Tokyo Cement

Subscribe to this RSS feed

Tokyo Cement begins 2026 financial year on ‘cautiously optimistic’ note

20 August 2025

Sri Lanka: Tokyo Cement has started the 2025-26 financial year on a ‘cautiously optimistic’ footing, projecting steady demand for cement buoyed by improving macroeconomic conditions and sustained private sector investment, according to the Daily Mirror newspaper.

In the quarter ending 30 June 2025, the group posted revenues of US$41.6m, up from US$38.8m in the previous corresponding period. Profit after tax came in at US$2.22m, down from US$2.35m in 2024. Sales growth was reportedly underpinned by higher volumes and momentum from ongoing construction projects, although seasonal slowdowns and monsoon-related disruptions affected demand. Lower interest rates and improved credit access continued to stimulate real estate and commercial construction. However, delays in public infrastructure projects remain a constraint on full recovery.

The company said “While we maintain a conservative short‑ to medium‑term outlook, we are confident in the underlying economic fundamentals and prepared to capitalise on industry growth opportunities,” noting that its 4Mt/yr capacity remains underutilised.

Published in Global Cement News
Read more...

Sri Lanka sees rise in domestic cement demand

08 July 2025

Sri Lanka: Domestic cement demand rose to 4.71Mt since July 2024, up from 3.96Mt, according to Tokyo Cement. The company attributed the increase to the ‘latent demand and low base effect of the previous year.’ It said that local production has expanded, despite intensified competition from a new grinding operator and multiple cement importers, capitalising on the relaxed cement import restrictions. The company expects demand to improve further, supported by private sector-led construction and government infrastructure projects.

However, Tokyo Cement warned “The heightened volatility in the global trade policies and ongoing regional conflicts pose downside risks that add to the uncertainty and may jeopardise some of the hard-fought economic gains the country is working towards.”

It added “These factors may constrain capital inflows, dampen export prospects and impede economic recovery.”

Published in Global Cement News
Read more...

Tokyo Cement Group opens 1Mt/yr cement grinding plant in Trincomalee

24 June 2025

Sri Lanka: Tokyo Cement Group has opened a new 1Mt/yr grinding plant in Trincomalee, Daily FT News has reported. The move raises the producer's capacity by 33%, to 4Mt/yr. Japan-based Mitsubishi Ube Cement Corporation was technical partner for the construction of the plant, which was executed entirely by Tokyo Cement Group’s in-house engineering teams.

Published in Global Cement News
Read more...

New non-independent director for Tokyo Cement

06 September 2023

Sri Lanka: Praveen Gnanam has been appointed to the Board of Tokyo Cement Company (Lanka) as a Non-Independent Director. He joined Tokyo Cement in 2012 as Special Projects Coordinator and was promoted to Head of Innovation Department in 2015.

Gnanam holds over a decade of experience in the hardware and construction materials industry as well as in renewable energy. Prior to joining Tokyo Cement, he worked in consulting for Los Angeles-based firm Innovation Protocol, and as a Research Analyst and a Brand Associate for clients such as eBay, PayPal and Republic Waste Management.

Published in People
Read more...

Tokyo Cement (Lanka) to sell 10% of shares

01 August 2023

Sri Lanka: Tokyo Cement (Lanka) has informed the Colombo Stock Exchange of an upcoming extraordinary general meeting of its shareholders. The meeting will decide whether to approve the sale of 10% of the company's shares.

Published in Global Cement News
Read more...

Tokyo Cement’s sales and profit rise in first nine months of 2023 financial year

08 February 2023

Sri Lanka: Tokyo Cement recorded sales of US$74.8m during the first nine months of the 2023 financial year, up by 25% year-on-year. Its cost of sales dropped by 2% to US$49.7m, while its profit for the period rose by 60% to US$2.35m.

Published in Global Cement News
Read more...

Tokyo Cement Group announces death of board member Ranjeevan Seevaratnam

20 January 2023

Sri Lanka: Tokyo Cement Group has expressed its deepest condolences to the family of Ranjeevan Seevaratnam, a member of the company's board of directors, who died on 19 January 2023. Seevaratnam's board experience spanned multiple companies in the cement, activated carbon, agriculture, construction, consumer goods, engineering, rubber and transport industries. He held memberships in the Institute of Chartered Accountants of Sri Lanka and the Institute of Chartered Accountants of England and Wales.

Tokyo Cement described Seevaratnam as a 'visionary thought leader.'

Published in Global Cement News
Read more...

Tokyo Cement increases sales and profit during first half of 2023 financial year

14 November 2022

Sri Lanka: Tokyo Cement's consolidated sales rose by 34% year-on-year to US$82.8m during the first half of its 2023 financial year. Its cost of sales rose by less than 1% to US$50.8m. As such, the company recorded a profit for the period of US$10.1m, up by more than a factor of eight from first-half 2022 financial year levels.

Published in Global Cement News
Read more...

Tokyo Cement Group increases first-quarter turnover as volumes drop so far in 2023 financial year

09 August 2022

Sri Lanka: Tokyo Cement Group increased its turnover to US$45.2m in the first quarter of it 2023 financial year, up by 53% year-on-year from first-quarter 2022 financial year levels. A shortage of imported raw materials and the country’s on-going fuel crisis hampered local cement demand. The group’s cement sales volumes declined during the quarter, while its cost of sales increased by 24% year-on-year. ‘Steep’ currency depreciation compounded the effects of the increase in expenses. Nonetheless, the company recorded a profit of US$1.48m.

The producer said “Tokyo Cement has taken many proactive measures to minimise the impact of economic downturn on the group's performance. Anticipating a challenging environment, the group has reforecasted demand, rescheduled sourcing and production plans, and adjusted cash flows accordingly. The group has deployed drastic cost saving measures, streamlined operations, and postponed capital expenditure. While the short to medium term economic landscape remains uncertain, Tokyo Cement has a proven track record of resilience and resurgence, and is committed to rebuilding the nation, stronger than ever before.”

Published in Global Cement News
Read more...

Tokyo Cement increases sales in 2022 financial year

07 June 2022

Sri Lanka: Tokyo Cement’s sales rose by 46% year-on-year in the 2022 financial year to US$88.5m from US$60.7m. Its net loss was US$1.66m, compared to a profit of US$4.17m in the 2021 financial year. Its cost of sales increased by 35% year-on-year during the full year and by 34% year-on-year in the fourth quarter of the 2022 financial year.

Published in Global Cement News
Read more...
  • Start
  • Prev
  • 1
  • 2
  • 3
  • Next
  • End
Page 1 of 3
We Move Industries - Heko Group - Conveyor Solutions
“Loesche
Something Powerful is Taking Shape - Stay Tuned - #productlaunch at IFAT India - Fornnax
AirScrape - the new sealing standard for transfer points in conveying systems - ScrapeTec
UNITECR Cancun 2025 - JW Marriott Cancun - October 27 - 30, 2025, Cancun Mexico - Register Now
Acquisition carbon capture Cemex China CO2 concrete coronavirus data decarbonisation Emissions Export Germany Government grinding plant Holcim Import India Investment LafargeHolcim market Pakistan Plant Product Production Results Sales Sustainability UK Upgrade US
« September 2025 »
Mon Tue Wed Thu Fri Sat Sun
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30          



Sign up for FREE to Global Cement Weekly
Global Cement LinkedIn
Global Cement Facebook
Global Cement X
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Privacy & Cookie Policy
  • About
  • Trial subscription
  • Contact
  • CemFuels Asia
  • Global CemBoards
  • Global CemCCUS
  • Global CementAI
  • Global CemFuels
  • Global Concrete
  • Global FutureCem
  • Global Gypsum
  • Global GypSupply
  • Global Insulation
  • Global Slag
  • Latest issue
  • Articles
  • Editorial programme
  • Contributors
  • Back issues
  • Subscribe
  • Photography
  • Register for free copies
  • The Last Word
  • Global Gypsum
  • Global Slag
  • Global CemFuels
  • Global Concrete
  • Global Insulation
  • Pro Global Media
  • PRoIDS Online
  • LinkedIn
  • Facebook
  • X

© 2025 Pro Global Media Ltd. All rights reserved.