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China: Huaxin Cement’s sales revenue rose by 33% year-on-year to US$887m in the first quarter of 2019 from US$669m in the same period in 2018. Its net profit nearly doubled to US$150m from US$78.7m.
Bestway Cement’s turnover stable 26 April 2019
Pakistan: Bestway Cement’s turnover grew slightly to US$421m in the nine months to 31 March 2019 from US$414m in the same period in 2018. Its profit rose by 9.5% to US$67.4m from US$61.5m.
DG Khan’s profits down so far in 2019 26 April 2019
Pakistan: DG Khan’s sales rose by 30% to US$215m in the nine months to 31 March 2019 from US$165m in the same period in 2018. However, its profit dropped by nearly half to US$18.5m from US$35.1m. Its cost of sales increased by 56% in the reporting period.
Maple Leaf Cement’s sales fall by 5% in nine months 26 April 2019
Pakistan: Maple Leaf Cement’s net sales fell by 5% year-on-year to US$129m in the first quarter of 2019 from US$136m in the same period in 2018. Its profit after tax dropped to US$13.4m from US$23.8m.
Cherat Cement’s turnover grows slowly in nine months 26 April 2019
Pakistan: Cherat Cement’s turnover grew slightly to US$78.8m in the nine months to 31 March 2019. Its net profit rose by 25% to US$15.9m from US$12.7m. Third quarter turnover and net profit grew faster in the third quarter.