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Raysut Cement slashes losses to RO 5 million 07 March 2024 a vital component in cement manufacturing, increased to 3.1 million tons from 3.0 million tons in 2022. While total revenue dipped to RO 65.54 million in 2023 from RO 69.07 million in the previous year, the operating profit improved to RO 2.45 million,... Type: Article Category: Financial Breedon completes BMC acquisition 06 March 2024 for dividends and further strategic acquisitions. The company's recent financial results for 2023 reveal a steady 7 percent revenue growth to GBP 1,487.5 million, with a profit before tax holding steady at GBP 134.4 million. With this acquisition,... Type: Article Category: Construction German paper industry faces sales downturn 06 March 2024 tons, marking the lowest level in the past two decades. Sales also plummeted by 13 percent to 18.8 million tons, while revenue decreased by 27 percent to 15.5 billion euros. The decline was particularly severe in the graphic papers sector, with sales... Type: Article Category: Europe & Central Asia Ivory Coast takes stance against plastic bags 06 March 2024 from West Africa. This move has enabled the country to achieve self-sufficiency in producing bags for cement packaging. The revenue generated by one such enterprise between 2017 and 2023 surpasses several billion FCFA, with exports reaching neighboring... Type: Article Category: Environment Unacem's revenue surges despite construction slump 06 March 2024 subscribers.","link":"1"}]Peru's leading cement company, Unacem, defies the construction downturn with a 6.6 percent annual revenue increase, reaching 6.37 billion soles (USD 1.69 billion) in 2023, despite challenges faced by the Peruvian construction... Type: Article Category: Financial Kernel's financial performance fluctuates 05 March 2024 improved significantly compared to the previous quarter. In the second quarter of FY 2024, Kernel's consolidated revenue decreased by 16 percent to USD 1.044 billion, primarily due to lower prices for grain and sunflower oil. However, revenue saw a... Type: Article Category: Markets & trade Nature Wood forecasts remarkable growth 05 March 2024 Expanding revenue and sustainability initiatives (CW Group) Nature Wood Group Limited, a global leader in forestry operations, has announced its fiscal year 2024 guidance, as reported by Le Lézard. The company anticipates a substantial increase in... Type: Article Category: Global Diana Shipping secures lucrative time charter deal 04 March 2024 its charter during the second quarter of 2024. The contract is projected to yield approximately USD 8.76 million in gross revenue over the minimum charter period. Following the completion of the planned sales of two vessels, m/v Houston and m/v Artemis,... Type: Article Category: Markets & trade Portland Cement's positive financial turnaround 04 March 2024 from KES 801.97 million in the previous period. Despite a 22.7 percent rise in gross loss to KES 319.1 million, Portland's revenue experienced a significant 22.8 percent growth to KES 1.84 billion. Enhanced cement production, following plant... Type: Article Category: Financial Five cement companies shortlisted to acquire CIMA 04 March 2024 Its primary asset, Negeri Sembilan Cement Industries Sdn Bhd, achieved an after-tax profit of MYR 20.23 million from a revenue of MYR 1.04 billion in the fiscal year ending Dec 31, 2022, despite incurring a pre-tax loss of MYR 27.71 million during the... Type: Article Category: Markets & Competition Caribbean Cement reports 7% revenue growth in 2023 04 March 2024 Despite the construction sector contracting by 2.8 percent, Caribbean Cement achieved a 7.3 percent growth in revenue, reaching USD 27.7 billion in 2023. The company's annual profit for the same period was USD 5.6 billion, reflecting a 3.5 percent... Type: Article Category: Financial Samsung C&T's expands construction operations 01 March 2024 arm reported an 18.2 percent increase in operating profit, totaling 1 trillion won (USD 780.4 million), alongside a revenue surge of 32.3 percent, reaching 19.3 trillion won (USD 15.1 billion), according to preliminary reports. With its four divisions... Type: Article Category: Construction CRH surpasses financial expectations in 2023 01 March 2024 as detailed by InvestingPro. Marking a decade of consistent margin expansion, CRH showcased robust financials with total revenue inching up by 7 percent to nearly USD 35 billion. Accompanying this growth, adjusted EBITDA surged by 15 percent to USD 6.2... Type: Article Category: Construction CRH reports a 7% increase in revenue 01 March 2024 percent to 10.5 percent in 2024, projecting between USD 6.55 billion and USD 6.85 billion (EUR 6.34 billion). CRH's total revenues surged by 7 percent to USD 34.9 billion, propelled by strategic acquisitions. The company's chief executive, Albert... Type: Article Category: Financial BUA Cement reports NGN460 billion profit 01 March 2024 Resilient growth amidst economic headwinds (CW Group) BUA Cement reported a 27.4 percent revenue surge to NGN460 billion for the fiscal year 2023, triumphing over a challenging economic landscape and a substantial NGN70 billion foreign exchange loss.... Type: Article Category: Financial GICA shipped 6 million tons of clinker 01 March 2024 disclosed a remarkable achievement in 2023. GICA exported a staggering 6 million tons of clinker, generating an estimated revenue of 24 billion dinars. Rabah highlighted the strategic shift in Algeria's economic policy to diversify income beyond... Type: Article Category: Markets & Competition FCC reports 87.5% profit surge in 2023 01 March 2024 growth, at 18.9 percent and 43.5 percent, respectively, significantly contributed to the 17.1 percent rise in total revenue, reaching EUR 9.0 million. The construction sector recorded revenues of EUR 2.8 million, a significant increase of 43.5 percent... Type: Article Category: Financial Hong Leong Asia exhibits remarkable financial performance 29 February 2024 Company sees boost in profit and revenue (CW Group) Hong Leong Asia, the trade and industry arm of the esteemed Hong Leong Group, has reported a substantial surge in net profit for the second half of the year, according to The Straits Times. The... Type: Article Category: Construction Suzano faces profit decline in 4Q23 29 February 2024 Revenue rises despite net profit setback (CW Group) [PAID={"id":"9,10,11","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]According to Money Times, Suzano (SUZB3) experienced a significant 39 percent... Type: Article Category: South America Adbri’s strong growth and forward investments in 2023 29 February 2024 to members of Adbri Ltd soared to USD 111.7 million, reflecting a remarkable 43.8 percent growth compared to 2022. The 2023 revenue rose by 13.1 percent to USD 1.92 billion, up from USD 1.70 billion in 2022. Key accomplishments in 2023 include strategic... 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