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Cement Company Of Northern Nigeria reports 9-months pre-tax profit 1.06 bln naira

4:02am EDT

Cement Company Of Northern Nigeria Plc : 9-Months ended Sept 2016 revenue of 9.23 billion naira versus 11.14 billion naira year ago . 9-Months ended Sept 2016 profit before income tax of 1.06 billion naira versus 2.42 billion naira year ago Source : http://bit.ly/2e3tkUK Further company coverage: [CCNN.LG] (Bangalore.newsroom@thomsonreuters.com).

Grasim Industries Sept qtr consol profit up about 50 pct

3:36am EDT

Grasim Industries Ltd : Grasim Industries Ltd - sept quarter consol net profit 8.46 billion rupees . Grasim Industries Ltd - sept quarter consol total income form operations 93.56 billion rupees . Grasim Industries Ltd - consol net profit in sept quarter last year was 5.62 billion rupees as per Ind-AS; consol total income from operations was 91.07 billion rupees . Grasim industries ltd says approved dividend distribution policy . Grasim Industries -process of seeking approvals for scheme of merger of Aditya Birla Nuvo with co, subsequent demerger & listing of financial services business in progress . Grasim Industries - transaction is expected to be completed by Q4 FY17 / Q1 FY18. . Grasim Industries - outlook for the VSF business is expected to remain stable . Grasim Industries -company is working on debottlenecking opportunities to meet growing demand . Grasim Industries - commissioning of new capacities in the industry may increase supply in the medium term. .Grasim Industries -plan is to increase caustic capacity to 1048K TPA through brown field expansion at Vilayat;debottlenecking at other plants is on track.

Cement maker Semen Indonesia 9-mth net profit falls 8 pct

3:13am EDT

Indonesia's biggest cement maker PT Semen Indonesia Tbk said in a stock exchange filing: Net profit for the nine months ended Sept. 30 was 2.93 trillion rupiah ($224.7 million) versus 3.2 trillion rupiah a year earlier Further company coverage: [SMGR.JK] ($1 = 13,040.00 rupiah) (Reporting by Eveline Danubrata) ((eveline.danubrata@thomsonreuters.com)).

Chongqing Sansheng Industrial sees 2016 net profit down 0-20 pct

Thursday, 27 Oct 2016 11:40pm EDT

Chongqing Sansheng Industrial Co Ltd <002742.SZ>: Sees net profit for 2016 to decrease by 0 percent to 20 percent, or to be 97.4 million yuan to 121.8 million yuan . Says the net profit of 2015 was 121.8 million yuan .Comments that lower-than-expected sales is the main reason for the outlook.


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