Dangote Cement, Airtel, and 12 Others Boost NGX Market Cap by N47.34tn in January Dangote Cement, Airtel Africa, and other companies made significant contributions to the Nigerian Exchange Limited (NGX) market capitalization in January.
Saudi Cement Company's (TADAWUL:3030) Price Is Right But Growth Is Lacking Saudi Cement Company's price-to-earnings (P/E) ratio of 16.4x might make it look like a buy right now compared to the market in Saudi Arabia
Rising Cost of Cement in Nigeria to Affect Construction and Real Estate Sectors The rising cost of cement in Nigeria has several implications for the construction and real estate sectors. It increases the cost of building and reduces the affordability of housing, which is already a major challenge in the country.
Ramco Cements Q3 Results Below Estimates, Shares Fall 8% The Ramco Cements Ltd.'s Q3 FY24 performance was below estimates, with lower sales volume and realizations. The company's net profit rose 39% but missed estimates, leading to an 8% fall in its shares.
HVG Facades Launches New Fiber Cement Product HVG Facades has launched a new fiber cement product called Vetérro. Vetérro is a high-density, fiber cement cladding that can be used for both exterior and interior applications.
DPIIT Consults with Indian Cement Industry for Collection of Cement Production Data The Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry held a consultation with representatives of Indian cement industry on the mechanism to collect cement production data ensuring 100 per cent coverage of the industry.
Gas Arabian Services signs $9.4 million deal with Yamama Cement in Saudi Arabia Gas Arabian Services Company has signed a deal worth SAR 35.30 million ($9.4 million) with Yamama Cement Company in Saudi Arabia.