Published by
Joseph Green,
Editor
World Cement,
Reuters are reporting that Gujarat Sidhee Cement September quarter net loss stood at 225.4 million rupees versus loss of 141.2 million rupees a year ago.
September quarter net sales reached 995.9 million rupees versus 1.01 billion rupees a year ago.
Read the article online at: https://www.worldcement.com/indian-subcontinent/28102016/gujarat-sidhee-cement-september-quarter-loss-widens/
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The company has suggested that the recovery in construction must not be taken for granted as ONS data shows that construction output has flatlined since September, whilst new contract awards have been weak for most of the past year.
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