Ciments Blancs Recorded $1.70M Net Profits in H1 2014

The net sales of “Societe Libanaise des Ciments Blancs”, HOLCIM’s subsidiary, leaped by 11.42% y-o-y, from $7.13M to $7.92M, which boosted profits by 8.97% from June 2013 to $1.70M. By the end of H1 2014, total assets rose by 8.41% (year-to-date) y-t-d to $23.71M while total equity increased by 9.87% to reach $18.81M.

Ciments Blancs (In $M)

Dec13Jun14% change
Total Assets21.8723.718.41%
Total Equity17.1218.819.87%
Net Sales7.13*7.9211.42%
Net Profit1.56*1.708.97%

*Value of June 2013

Source: Company Data

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