News
Heidelberg Materials has made a very good start to the 2025 financial year. The company increased its revenue by 5% to EUR 4,715 million (previous year: EUR 4,488) in the first quarter. The result from current operations rose by EUR 3 million to EUR 235 million (previous year: EUR 232).
The Minister Judith Nabakooba commended the signing of a lease agreement between the Government of Uganda and the Naita-A-Tepeth Communal Land Association, marking a step toward the development of Uganda’s first Clinker factory by Tororo Cement Ltd in Katikekile, Moroto District.
Total revenues of $6.8 billion (Q1 2024: $6.5 billion) were 3 % ahead as contributions from acquisitions and strong commercial management more than offset the impact of divestitures and lower activity levels due to adverse weather in many regions.
Dangote Cement Plc has released its unaudited financial results, reporting a profit before tax of N311.974 billion for the first quarter (Q1) ended March 31, 2025.
Nuvoco Vistas Corp. Ltd. announced its unaudited financial results for the quarter ended March 31, 2025.
UltraTech Cement reported a 10 per cent year-on-year rise in consolidated net profit for the Q4 of the financial year 2024-25.
The Federal Board of Revenue (FBR) in Pakistan has fixed minimum retail price of cement for the purpose of payment of sales tax by cement industry.