According to Holcim’s balance sheet as of June 2018, the company’s assets retreated by 6.3% year-to-date (y-t-d) to $247.66M. Meanwhile, total equity grew by 7.43% since the beginning of the year, to $189.14M in H1 2018.
Holcim’s net sales stood at $72.77M by the end of June 2018, down from $159.81M for the year 2017. The cost of sales in its turn also fell from $78.63M in 2017 to $42.36M in H1 2018. Accordingly, Holcim’s profit contracted from $43.29M by end 2017 to $13.07M by end June 2018.
Holcim Financial Highlights
|Total Assets|| 247.66|| 264.30||-6.30%|
|Total Equity|| 189.14|| 176.06||7.43%|
|Net Sales|| 72.77|| 159.81||-54.46%|
|Cost of Sales|| 42.36|| 78.63||-46.12%|
|Profit|| 13.07|| 43.29||-69.80%|
Source: Beirut Stock Exchange, Holcim