ROMANIA - CRH posts 15% turnover increase in 2019

ROMANIA - CRH posts 15% turnover increase in 2019
CRH Romania reported a turnover of $257.45m in 2019, a 15% year on year increase compared to the previous year, according to data published by Ministry of Finance. 

KAZAKHSTAN - Steppe Cement shares financial report

KAZAKHSTAN - Steppe Cement shares financial report
In 2019, Steppe Cement posted a net profit of US$9.7 million. Steppe Cement's EBITDA increased to US$23.9 million from US$21.4 million in 2018 as higher prices in KZT, lower cost of production and the implementation of IFRS 16 were balanced by a devaluation of 11%.

BANGLADESH - Cement manufacturers want cuts in import duty on clinker

  • 12 June 2020
  • Author: Jon Shelbourne
  • Number of views: 1240
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BANGLADESH - Cement manufacturers want cuts in import duty on clinker
The cement manufacturers have sought a 60% cut in import duty on clinker and waiver on existing loan interest, to recover from the losses they suffered since the COVID-19 outbreak.

UAE - Sharjah Cement turns to losses in Q1-20

UAE - Sharjah Cement turns to losses in Q1-20
Sharjah Cement and Industrial Development Company reported a net loss of AED 9.3 million during the first quarter (Q1) of 2020, versus AED 802,000 in net profits for the same period of 2019.

NIGERIA - BUA Cement revenue up 25.1%

NIGERIA - BUA Cement revenue up 25.1%
BUA Cement Plc yesterday announced a 25.1% increase, amounting to N54 billion in revenue for the first quarter ended March 31, 2020.
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