Displaying items by tag: Macedonia
Usje profit falls in 2018
07 March 2019North Macedonia: Cementarnica Usje, part of the Greek Titan Cement group, reported that its non-consolidated net profit fell by 4% year-on-year in 2018 to Euro16.3m. Its total operating revenue edged up to Euro75m in 2018 from Euro74m in 2017. Domestic market sales rose by 3% to Euro47m, while sales abroad fell 3% to Euro24m.
Cementarnica Usje profit up 11%
31 August 2016Macedonia: Cementarnica Usje, Titan Cement’s Macedonian subsidiary, has announced that its first-half consolidated net profit increased by 11% year-on-year to Euro9.3m, mainly due to higher operating revenue and lower financial expenses.
The company's consolidated operating revenue rose by 9% year-on-year to Euro33.1m in the first half of 2016, while operating expenses grew by 10% to Euro23.6m. Operating profit rose by 7% year-on-year to Euro10.2m.
Usje sees net profit up by 28%
28 August 2014Macedonia: Usje, part of Greece's Titan Cement, has announced that its net profit rose to Euro12.8m in the first half of 2014, a 28% improvement year-on-year compared to the first half of 2013. Usje's operating revenue increased by 15% to Euro32.5m in the same period, while operating costs rose by 5% to Euro21.2m.