China: Asia Cement (China)’s nine-month profit of US$16.3m in 2023 turned to a loss of US$64.6m in 2024, Dow Jones Institutional News has reported. The group attributed the reversal to a drop in its selling prices.

Pakistan: DG Khan Cement recorded a 22% year-on-year rise in earnings in the first quarter of the 2025 financial year, to US$2.88m. This came despite a 7% drop in sales, to US$54.9m, and a 12% drop in cement sales volumes, to 1.18Mt.

Switzerland/US: Holcim may list its upcoming market-separated North American business both in the US and Switzerland, Bloomberg has reported. The possibility arose due to Swiss and European restrictions on foreign shareholdings for locally-based funds, which may result in sales of Holcim stocks, with negative price impacts. On the other hand, a dual listing could potentially reduce the liquidity of any future US-listed shares.

SeeNews has reported that Holcim North America will be headquartered in Zug, Switzerland, for tax ‘advantages,’ while operating out of Chicago, US.

India: Kaushalya Logistics has commenced operations at its new depot in Amritsar, Punjab, Reuters has reported. The facility will serve JK Cement’s regional distribution operations.