Holcim Philippines reports 81% rise in net income 27 April 2021
Holcim Philippines reported an 81 per cent rise in net income to PHP909.35m (US$18.79m) in the first quarter of 2021, compared to PHP501.54m in the year-ago period.
However, revenues declined six per cent YoY to PHP6.81bn from PHP7.27bn in the 1Q20. We delivered an excellent performance in the first quarter due to our sustained focus on Health, Cost, and Cash, said Horia Adrian, president of Holcim Philippines.
The company has also announced the temporary suspension of operations at its Mabini grinding unit to mitigate the effects of the COVID-19 pandemic and escalating production costs. The move is expected to result in substantial cost savings, according to the company.
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Holcim-philippines
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South-asia
Business-results
Lafarge-holcim
ஹோல்சிம்-பிலிப்பைன்ஸ்
ஆலை-மூடல்
தெற்கு-ஆசியா
வணிக-முடிவுகள்
லஅபர்கே-ஹோல்சிம்
LafargeHolcim reports outstanding 1Q21 results in Asia Pacific 26 April 2021
LafaregHolcim s Asia Pacific division recorded strong cement sales of 18.9Mt, and increase of 19.6 per cent from 15.8Mt in the 1Q20. Aggregate sales also rose to 7.6Mt, up 35.4 per cent on the 5.6Mt recorded in the 1Q20. Ready-mix concrete sales totalled 2Mm
3, down 5.8 per cent from 2.1Mm
3 in the 1Q20. The Asia Pacific region showed record performance with strong growth in cement volumes. India’s outstanding performance was supported by excellent volumes as well as effective price and cost management. Improving activities in Australia were supported by government stimulus programmes, concluded LafargeHolcim.
Australia
Kenya
United-states
Iraq
Nigeria
India
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Canada
France
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Lafaregholcim-asia-pacific
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LafargeHolcim improves its sustainability performance and ESG rating 26 April 2021
LafargeHolcim announced that its sustainability achievements in 2021 were ranked ranked first in its sector by Vigeo Eiris, giving the company its highest rating of A1
+. LafargeHolcim was also named best in its sector in terms of transitioning to a low-carbon economy. This rating places LafargeHolcim within the top two per cent of companies ranked worldwide.
The Solar Impulse Foundation endorsed 10 LafargeHolcim green building solutions. The labelled solutions contributed to the Solar Impulse Foundation s challenge of identifying 1000 clean technologies that protect the environment in a profitable way. Other notable events in the quarter include LafargeHolcim’s engagement as a founding member in the MIT Climate and Sustainability Consortium (MCSC).
Italy
Milan
Lombardia
France
French
Vigeo-eiris
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Sustainability-consortium
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Edile-commerciale
Lafarge-holcim
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