ACC and Ambuja Cements rise ahead of June quarter earnings
Published by Joseph Green,
Editor
World Cement,
Reuters are reporting that shares in cement companies ACC Ltd and Ambuja Cements have risen as much as 2.04% and 1.86% respectively.
Both companies are scheduled to report June quarter results on 26 July.
Ambuja Cements is expected to report a net profit of 3.32 billion rupees, compared with 2.26 billion rupees last year.
ACC is also expected to top last year's profit of 1.33 billion rupees, with net profit estimated at 2.56 billion rupees.
Edited from source by Joseph Green. Source: Reuters
Read the article online at: https://www.worldcement.com/indian-subcontinent/26072016/acc-ambuja-cements-june-quarter-earnings-606/
You might also like
The World Cement Podcast - CleanTech & Venture Capital
Our guest for this episode of the World Cement Podcast is Alfredo Carrato, Venture Capital Advisor for CEMEX Ventures. Listen in to the conversation as World Cement's Senior Editor, David Bizley, and Alfredo discuss the role of venture capital and cleantech in enabling the cement industry's green transition.
Tune in to the World Cement Podcast on your favourite podcast app today.
