Steppe Cement reports rise in revenue
Published by Jonathan Rowland,
Editor
World Cement,
Kazakh cement producer, Steppe Cement, reported 3Q18 revenue up 26% on the previous year, while year-to-date revenue covering the first nine months of the year was up 25%.
The increase in revenue was delivered primarily through an increase in prices, which were 15% higher over the first nine months of the year compared to 2017. This reflects the company’s efforts to support price rises against volume growth.
Volumes were down 5% in 3Q17, although they were up over the first nine months, by 4% on 2017.
Read the article online at: https://www.worldcement.com/asia-pacific-rim/11102018/steppe-cement-reports-rise-in-revenue/
You might also like
World Cement Podcast
In the latest episode of the World Cement Podcast, we are joined by Eoin Condren, Corporate Development Executive Director for Ecocem. Topics covered include: the importance of investing in innovation, the role of policy and legislation in supporting next generation cement products, and a look at some exciting new technologies.
Mitsubishi UBE Cement prepare for Tokyo stock exchange listing
Mitsubishi Materials Corporation and UBE Corporation announce that Mitsubishi UBE Cement Corporation will begin preparations for the listing of its shares on the Tokyo Stock Exchange.