According to Holcim’s balance sheet as of June 2019, the company’s Total Assets dropped by 7.11% since year start, to settle at $244.63M in H1 2019. In turn, the firm’s Total equity recorded a year-to-date downtick of 0.7% to $146.91M in H1 2019.
As for Holcim’s Income statement, it revealed that Net sales ended the first half of 2019 at $49.79M, down from $148.58M for the year 2018. The Cost of sales also slumped from $83.17M in 2018 to $37.55M in H1 2019. It followed that Holcim recorded a Loss of $1.04M by June 2019, compared to a profit of $27.38M in 2018.
Holcim Financial Highlights: H1 2019
| (in $M) | Jun-19 | Dec-18 | YOY |
| Total Assets | 244.63 | 263.36 | -7.11% |
| Total Equity | 146.91 | 147.95 | -0.70% |
| Net Sales | 49.79 | 148.58 | -66.49% |
| Cost of Sales | 37.55 | 83.17 | -54.86% |
| Profit or loss | (1.04) | 27.38 | -103.79% |
Source: Beirut Stock Exchange, Holcim