Tag: cement

CRH to Buy Texas Cement, Concrete Portfolio for $2.1 Bln
World

CRH to Buy Texas Cement, Concrete Portfolio for $2.1 Bln

CRH said it will purchase a portfolio of cement and ready-mixed concrete assets in Texas from Martin Marietta Materials for $2.1 billion.The Irish building-materials supplier said the assets comprise a cement plant, a network of terminals located on the Gulf of Mexico, as well as a portfolio of 20 ready-mixed concrete plants.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Profit up 62% to Rs 178 cr, revenue rises 23%
Business

Profit up 62% to Rs 178 cr, revenue rises 23%

JK Cement Ltd (JKCL) on Saturday reported 62.18 per cent rise in consolidated profit to Rs 178.47 crore for the second quarter ended September 2023. It logged a net profit of Rs 110.04 crore in the July-September period a year ago, according to a regulatory filing by JKCL. Revenue from operation was up 23.23 per cent to Rs 2,752.77 crore during the quarter as against Rs 2,233.84 crore a year ago. Total expense in the September quarter was up 21.08 per cent at Rs 2,537.89 crore. Total income was Rs 2,782.10 crore, up 23.66 per cent year-on-year.(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)First Published: Nov 4 2023 | 5:40 PM IST