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)
| Dec13 | Jun14 | % change | |
| Total Assets | 21.87 | 23.71 | 8.41% |
| Total Equity | 17.12 | 18.81 | 9.87% |
| Net Sales | 7.13* | 7.92 | 11.42% |
| Net Profit | 1.56* | 1.70 | 8.97% |
*Value of June 2013
Source: Company Data
