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FYM profits bracketed by adverse conditions in Spain 28 May 2012 Company reports 12% drop in revenues for 2011, as domestic continue to struggle.[$] (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]FYM-Italcementi Group say have been... Type: Article Category: Markets & Competition Lafarge WAPCO posts 2011 profit on higher sales 27 May 2012 Nigeria based unit says its profits surged 74.6% for the period, declares cash dividend. ┬á (CW Group) Nigeria based Lafarge WAPCO says it made 8.5 bn naira in 2011, a 74.6% increase compared to a year earlier, reports Business Day Online. ┬á According... Type: Article Category: Financial UAE's Ras Al Khaimah postpones dividend payout 26 May 2012 Mubasher. ┬á Therefore, it will continue to stop trading in the shares of the company until the distribution of these profits and the application of the Market Committee Resolution No. 4 of 2007. Copyright CW Group. All rights reserved. Unauthorized... Type: Article Category: Financial GCC cement sector posts solid growth in Q1 25 May 2012 Profits rise by double digits, but margins dip. ┬á (CW Group) Earnings by cement makers based in the GCC witnessed double digit growth in the first three months of the year, reports Arab News. ┬á According to the report, profits surged 21.2% in Q1,... Type: Article Category: Financial India cement firms look to trim costs amid slow demand 25 May 2012 their manufacturing efficiencies to cut down the input costs such as import coal, which has considerable eaten into the profits, the report said. ÔÇ£Coal imports (a major energy source) are costing us about two-and-a-half times higher than the normal... Type: Article Category: Financial Gresik sees revenues growing 15% in Q2 24 May 2012 uses coal. So it is generally not affected by the gas," Gresik president director Dwi Soetjipto said. In 2011, the companys profits rose 8% to Rp3, 92 Rp3 trillion from the previous year, 63 trillion. Profit increase followed an increase in income to... Type: Article Category: Financial Intercement says profits rose 15% in 2011 23 May 2012 Camargo Correa unit had launched takeover bid for Portugal's Cimpor. ┬á (CW Group) InterCement has announced its profits rose 15% in 2011 to 111 mm euros, report RTP. ┬á Last year, net sales of InterCement, the 'holding' group Camargo Corr├¬a to the... Type: Article Category: Financial Higher prices boost Q1 profit for India cement makers 23 May 2012 ┬á (CW Group) Even as demand dipped in the first three months of the year, India cement makers still managed to register profits on the back of higher prices, reports Business Standard. ┬á According to the report, prices hovered above Rs 300 per 50 kg... Type: Article Category: Financial Holcim Spain to close Lorca unit by year's end 22 May 2012 of year, is consistent with plan feasibility of the Swiss multinational, one of the most affected by the cement crisis. Its profits fell to 228 million euros, representing a decrease of 76.7% over the previous year result, the report said. The fall in... Type: Article Category: People Argentina, Mexico performance helps Cementos Molins 21 May 2012 in Spain, making the 27.4 million it earned in Argentina a welcome sight. Its operations in Mexico yielded 31 mm euros in profits. However, its units in Bangladesh and Tunisia posted negative results respectively at 5.5 and 5.8 million, the report... Type: Article Category: Financial Cementos Portland to return to profit by 2013 20 May 2012 Its application, the company said, will achieve the objectives of the Business Plan 2012-2017, which foresees a return to profits and achieving EBITDA of 200 million in 2013. Bejar has indicated that the cement consumption in Spain was last year at 20.4... Type: Article Category: Financial Tanga Cement posts lower profits on higher input costs 20 May 2012 Nonetheless, firm plans to invest $165 mm to fund expansion plans. (CW Group) Despite posting a 31% drop in profits last year, Tanzania based Tanga Cement says it wants to spend $165 mm to boost output and increase exports, reports Reuters. Tanga... Type: Article Category: Financial India cement makers turned in higher margins in Q1 17 May 2012 better sales for most of country's cement manufacturers. ┬á (CW Group) Indian cement firms have turned in higher operating profits in Q1, on the back of higher revenues driven by better sales for the period, reports the Digital FC. ┬á The country's... Type: Article Category: Financial Fitch: Sector results reveal mixed trends 17 May 2012 could be a signal the companies will need further price hikes in order to offset cost inflation and preserve operating profits in the next months. Overall, Fitch believes that while some positive signals were evident from interim results, the outlook... Type: Article Category: Financial South Africa to stimulate shipping sector 17 May 2012 allows vessel owners to pay a fixed tax rate, based on the size of the ship and working days. The current system taxes profits at 28 percent per ton, with a further 10 percent secondary tax based on dividends. South Africa's limited shipping registry... Type: Article Category: Shipping & logistics Holcim Morocco sees profits dip 11% in 2011 17 May 2012 Lower sales, sluggish demand impact firm's bottom line figures.[$] ┬á (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Holcim Morocco achieved in 2011 net profit of 685.249... Type: Article Category: Financial JK Lakshmi posts higher sales in Q4 16 May 2012 Price hikes, higher demand boost earnings for the period, but profits dip. ┬á (CW Group) India based JK Lakshmi Cement reported its sales in the first three months of the year rose 28% on the back of higher demand and increased prices, reports The... Type: Article Category: Financial Votorantim Q1 sales climb as major markets deliver 16 May 2012 went up 14% and totaled R$2.1 billion, supported by higher volumes and prices in Brazil. On the other hand, pre-tax profits increased by 15%, from R$0.5 billion to R$0.6 billion, due to higher productivity and energy efficiency in the new plants. The... Type: Article Category: Volume & Pricing Japan's Taiheiyo reports good performance in 2011 16 May 2012 Profits up more than 70%, as reconstruction activity picks up.[$] ┬á (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]Cement maker Taiheiyo says its profits rose more than... Type: Article Category: Financial Sri Lanka's KKS to resume production 15 May 2012 new facilities for the state owned cement unit, reports the Daily News. ┬á The Lanka Cement Corporation has already earned profits around Rs 7 to 8 million while settling the debt burden of Rs 234 million, State Resources and Enterprise Development... 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