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UEM shortlisted seven companies to purchase CIMA 20 November 2023 advising UEM Group on the sale. In FY2022, CIMA recorded an after-tax profit of RM7.11 million against RM1.06 billion in revenue, marking a turnaround after several years of losses. However, a pre-tax loss of RM40.71 million raises questions about the... Type: Article Category: Mergers & Acquisitions Suzano's strategy ignites pulp and paper transformation 17 November 2023 the company has strategically diversified its portfolio, with paper production contributing significantly to its 3Q2023 net revenue, emphasizing stability and reduced susceptibility to price fluctuations compared to the pulp business. Suzano's pivotal... Type: Article Category: South America Hume Cement achieves record quarterly profit 17 November 2023 of construction activities. This presents a contrast to the group’s previous 1FY2023 net losses of RM12.04 million. Revenue also witnessed an impressive growth of 48.3 percent during this period, reaching RM306.66 million, compared to RM206.79 million... Type: Article Category: Financial HeidelbergCement Georgia reports record revenue 17 November 2023 to paid subscribers.","link":"1"}]Georgia's largest cement and concrete producer, Heidelberg Cement, records a substantial revenue of 513 million lari, showcasing robust financial performance. Heidelberg Cement experienced remarkable financial growth in... Type: Article Category: Financial Hoa Phat's steel price increase 17 November 2023 steel, alongside a 15 percent drop in overall steel sales, underscores the challenging market conditions. The company's revenue and profit after tax reflect declines of 27 percent and 63 percent, respectively. Steel stocks, however, are on an upward... Type: Article Category: Materials News Vietnamese cement companies struggle 16 November 2023 or reduce production. For instance, Vicem Ha Tien Cement reported a 30.2 percent decrease in net sales and service revenue in the third quarter of 2023 compared to the same period last year, resulting in a loss after taxes of over 10 billion VND. This... Type: Article Category: Markets & Competition WestRock Advances Green Commitment with Solar Power Agreements 15 November 2023 Creek, contributing to an annual output of around 500 GWh. The project is expected to generate over USD 45 million in revenue for Wharton County and create over 250 jobs during construction. From the Chillingham Solar project, WestRock secures 75 MW,... Type: Article Category: North America CMA CGM faces 3Q revenue slump 15 November 2023 to paid subscribers.","link":"1"}]In a challenging quarter, CMA CGM witnessed a substantial 42.6 percent decline in revenues, totaling USD 11.4 billion. Mundo Maritimo reports that the maritime leader's EBITDA plummeted by 78.2 percent, reaching USD 2.0... Type: Article Category: Markets & trade Brazilian Coffee Exports Soar 15 November 2023 a remarkable 22 percent surge in October, reaching 4.4 million bags and generating USD 847.2 million in foreign exchange revenue. Despite a 2.5 percent decrease in value compared to 2022, this marks the second-best October performance in the last five... Type: Article Category: Markets & trade Votorantim Cimentos' robust 3Q23 results 15 November 2023 from the previous year's earnings of R$ 604 million. This success story is underscored by the company's overall net revenue of R$ 7.4 billion, slightly down by 3 percent from 3Q22 due to market dynamics and Real's negative impact. In the same period,... Type: Article Category: Financial Pulp market: Key insights revealed 14 November 2023 pulp inventories find equilibrium, anticipating a return to normalized supply conditions. Hua Paper's self-consolidated revenue for October 2023 witnessed an 8.68 percent surge, reaching 1.885 billion yuan. Despite this positive trend, the cumulative... Type: Article Category: China Qassim Cement profit surge in 9M-23 14 November 2023 Resilient growth amidst revenue decline (CW Group) Qassim Cement reported an impressive 30.5 percent surge in net profit after Zakat and tax, reaching SAR 101.08 million during the first half of 2023. Compared to SAR 77.47 million in 9M-22, this... Type: Article Category: Financial Saint-Gobain boosts presence with Izomaks Industries acquisition 13 November 2023 two facilities in Riyadh and employing approximately 140 individuals, Izomaks is projected to generate EUR 60 million in revenue for 2023. In line with Saint-Gobain's strategic plan, "Grow & Impact," this acquisition seamlessly integrates with the... Type: Article Category: Materials News Eastern Province Cement's impressive 9-month results 13 November 2023 Net profit soars, revenue on the rise (CW Group) Eastern Province Cement Company in Saudi Arabia has reported impressive financial results for the first nine months of 2023, showcasing a robust 55.79 percent growth in net profit after Zakat and tax,... Type: Article Category: Financial Shree Cement capacity expansion plan 13 November 2023 year. In the quarter ending September, the company reported a net profit that more than doubled to Rs 447 crore, with a revenue increase of 19 percent to Rs 4,800 crore compared to the previous year. Copyright CW Group. All rights reserved. Unauthorized... Type: Article Category: Markets & Competition October cement export boost in Vietnam 13 November 2023 2023, reports Công Thuong. During October, Vietnam exported over 2.66 million tons of clinker and cement, generating revenue exceeding USD 110 million. This represents a remarkable 16.3 percent increase in volume and an 18.1 percent increase in value... Type: Article Category: Markets & Competition Klabin's profits surge with growing demand for fluff pulp 10 November 2023 for children's diapers, geriatric diapers, and feminine hygiene products, has become a significant contributor to Klabin's revenue stream. The aging population and urbanization are identified by Woge as key drivers behind the escalating demand for fluff... Type: Article Category: South America Meghna Cement's FY22-23 overview 10 November 2023 a subsidiary of the Bashundhara Group, has reported a significant 72 percent decrease in profit and a 57 percent decline in revenue for the fiscal year 2022-23. This decline is attributed to escalating raw material and operational costs, as well as a... Type: Article Category: Financial Flex LNG reports robust 3Q2023 earnings surge 09 November 2023 data, shared by Portal Portuario, reflects the company's resilient performance in a dynamic market. With vessel operating revenues reaching USD 94.6 million, compared to the previous year's USD 86.7 million, Flex LNG demonstrates financial strength. The... Type: Article Category: News Ramco Cements' profit surge in Q2 FY23-24 09 November 2023 to ₹101 crore. This surge was fueled by robust sales volume and a strategic focus on the right product applications. Revenue from operations escalated from ₹1,784 crore to ₹2,329 crore, showcasing a substantial growth trajectory. Notably, raw materials... 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