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Votorantim Cimentos reports cement sales growth in 1Q24 15 May 2024 by 23 percent in line with the company's strategy to enhance structural competitiveness. Despite these advancements, net revenue experienced a slight reduction of 4 percent in local currency, reaching BRL 5.5 billion. This decline is primarily... Type: Article Category: Financial Ciments de Bizerte revenue declines by 53 percent in 1Q24 15 May 2024 Financial struggles lead to production suspension and revenue decline (CW Group) [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]According to Tustex, Ciments de Bizerte faces... Type: Article Category: Financial China Steel announces adjustments in pricing strategy 15 May 2024 China Steel reported a 71.1 decline in operating profit, attributing it to rising iron ore and coking coal prices. Despite revenue growth and sales volume expansion, profitability was impacted. However, the firm remains optimistic about the near-term... Type: Article Category: Other Bim Son Cement facing losses in 2024 14 May 2024 losses despite their 2024 business plan. In the first quarter of 2024, Bim Son Cement experienced a decline in net revenue, totaling 690 billion VND, down 19 percent from the previous year, resulting in a net loss of nearly 49 billion VND. The company's... Type: Article Category: Financial Supremex's Q1 report 14 May 2024 provider, revealed its financial performance for 1Q2024. Despite softness in the Packaging segment, the company experienced revenue growth in its Envelope business, attributed to a recovering direct mail market. E-commerce packaging also saw growth due... Type: Article Category: North America Genco Shipping’s first quarter financial insights 14 May 2024 from the previous year Amidst its fleet renewal plan, Genco Shipping sold three capesize ships in 1Q2024, generating gross revenue of USD 66.5 million and saving approximately USD 10 million in dry dock costs. Currently, the company's fleet comprises 16... Type: Article Category: Markets & trade JK Cement registers profit increase in Q4 FY24 13 May 2024 in consolidated net profit, reaching INR 220 crore, marking a notable increase from the previous year's INR 109.52 crore. Revenue from operations also saw a substantial rise, climbing by 11.8 percent year on year to INR 3,105.77 crore. The company's... Type: Article Category: Financial Fedrigoni's paper mill restructuring shakes industry 13 May 2024 demonstrating resilience amidst sales declines. With offices and production sites in 28 countries, Fedrigoni maintains revenue diversification, with significant portions from European and global markets. As the company begins 2024 with promising... Type: Article Category: Europe & Central Asia Pulp and paper giant's profits plunge dramatically 10 May 2024 Adjusted EBITDA totaled 4.56 billion reais, marking a 26 percent decrease year on year. Moreover, the consolidated net revenue plummeted by 16 percent annually, amounting to 9.46 billion reais. The company affirmed that the Cerrado Project's physical... Type: Article Category: South America Granite's material momentum increases 10 May 2024 profit within the materials segment. Despite some losses from acquired businesses, the company achieved a year-over-year revenue gain. Kyle Larkin, president, and CEO of Granite, expressed optimism about the company's performance, highlighting a... Type: Article Category: Other Angelini Group's forestry division resurges with strong pulp revenues 09 May 2024 profits of USD 100 million in the first quarter of 2024. The impressive result is attributed to a robust improvement in revenue, reaching USD 1,655 million, marking a notable 19 percent increase compared to the same period last year. Moreover, the... Type: Article Category: South America Suneng Q1 coal production insights 09 May 2024 reflecting a year-on-year decrease of 13.66 percent. Financially, the company reported a decline in commercial coal sales revenue, registering at 1,604.6011 million yuan, down by 30.53 percent compared to the previous year. Similarly, commercial coal... Type: Article Category: Markets & trade Shipping giant Zhengde's expansion saga 09 May 2024 through corporate bonds issuance, as per ChinaTimes.com. The company showcased impressive financial strides in Q1, with revenue hitting 390 million yuan, marking a significant yearly uptick of 51.74 percent. Operating profit surged by 78.04 percent to... Type: Article Category: Markets & trade Birla Corp shares Q4 FY24 performance 08 May 2024 net profit of INR 193.34 crore for Q4 FY24, marking a substantial YoY increase of 127.59 percent. The company's revenue from operations also saw a notable uptick, reaching INR 2,656.43 crore in Q4 FY24, reflecting a 7.87 percent increase from the... Type: Article Category: Financial Heidelberg Materials unveils 1Q24 financial results 08 May 2024 drive success (CW Group) Heidelberg Materials commences the 2024 financial year with resilience, despite a decline in revenue. The company's focus on profitability, strict cost management, and strategic investments underscore its commitment to... Type: Article Category: Financial TopBuild announces acquisition of insulation work 08 May 2024 Insulation Works, a residential, commercial, and agricultural installer generating approximately USD 28 million in annual revenue. Based in Wickes, Ark., Insulation Works serves Arkansas and neighboring states in the residential and light commercial... Type: Article Category: Other Indian rail freight inches up in April 08 May 2024 million tons, underlining its pivotal role in the railway's freight earnings. Government data indicates that while freight revenue amounted to INR 14,075.14 crore in April 2024, a slight improvement of about 1.30 percent compared to the same period last... Type: Article Category: Markets & trade Indocement reports sales growth 07 May 2024 with 38.4 percent in Java and 20.4 percent outside Java. Despite the overall increase in sales volume, the company's net revenue stood at IDR 4.8 trillion, experiencing a slight decline of 3.8 percent due to lower consolidated prices resulting from... Type: Article Category: Markets & Competition China: cement industry struggling in 1Q24 07 May 2024 the sector grappled with significant hurdles, witnessing a downturn in both volume and price, consequently impacting the revenue and net profit of numerous listed companies, some even slipping into losses. Overcapacity and declining prices emerge as... Type: Article Category: Financial Smurfit Kappa's growth spurt 07 May 2024 progressing towards its merger with WestRock, set for early July. In the first quarter of 2024, despite a slight dip in revenue to 2.7 billion euros, Smurfit Kappa notes significant improvement in box demand, especially in Europe and the Americas.... 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