India’s Kakatiya Cement profit falls 87% in March 2014 quarter

India's Kakatiya Cement Sugar & Industries (KCSIL) reported a net profit of INR 12.40 million (about €155,000) in January-March 2014, down 86.74% year-on-year despite a 10.47% increase in sales to INR 630.8 million.
June 3, 2014 Read time: 1 min

India's 7783 Kakatiya Cement Sugar & Industries (KCSIL) reported a net profit of INR 12.40 million (about €155,000) in January-March 2014, down 86.74% year-on-year despite a 10.47% increase in sales to INR 630.8 million. For the full 2013-14 fiscal year, profit fell 45.13% to INR 88.4 million while sales rose 8.79% to INR 1.84 billion.

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Cement output in Jiaxing,China, up 14.8% in March 2014

In China, production of cement in Jiaxing city, Zhejiang Province jumped 14.84% to 184,700tonnes during March 2014.

A growth of 13.05% was seen in the city's bulk cement supply, with bulk cement rate declining 1.38 percentage points to 87.2% as compared to March 2013.

The city supplied 100,300tonnes and 1.3863 million m³ of ready-mixed mortar and ready-mixed concrete respectively during the month.

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