Cemex Holdings Philippines Inc. (CHP) is remaining neutral and is neither discouraging nor encouraging its shareholders to tender their shares in the P2.1 billion tender offer being made by its parent company Cemex Asian South East Corporation (CASEC). In a disclosure to the Philippine Stock...
Cemex Holdings Philippines Inc. (CHP) reported a consolidated net loss of P1.0 billion for 2022, 238 percent lower than its P725.5 million profit in 2021, mainly as a result of lower sales and foreign exchange losses. In a disclosure to the Philippine Stock Exchange, the firm said its consolidated...
CEMEX Holdings Philippines (CHP) bagged a new Golden Arrow Recognition for being a Top Performing Publicly-listed Company in the Philippines. This marks the second time CHP has received the prestigious recognition, the first was in 2019, from the Institute of Corporate Directors (ICD). “Receiving...
CEMEX Asian South East Corporation (CASEC) is increasing its stake in Cemex Holdings Philippines Inc. (CHP) to 89.86 percent from 77.89 percent by acquiring an additional 11.97 percent through a P2.1 billion tender offer. In a disclosure to the Philippine Stock Exchange, Cemex said the tender offer...
Cemex, Manila Water collaborate on sustainable practices By JAMES A. LOYOLA CEMEX Holdings Philippines, Inc. (CHP) and Manila Water Company, Inc. (Manila Water) have signed a Memorandum of Understanding (MOU) to collaborate on sustainable business practices. In a statement, Manila Water said the...
Cemex Holdings Philippines Inc. (CHP), recorded a net loss of P267 million for the first half of 2022 from a net income of P804 million in the same period last year, with a net loss of P528 million incurred during the second quarter. In a disclosure to the Philippine Stock Exchange, the firm said...
Cemex Holdings Philippines Inc. (CHP), one of the country’s largest cement makers, reported a 27 percent growth in net income to P261 million in the first quarter of 2022 from the P205 million posted in the same period last year. “We continue to adjust and adapt our operation to the challenging...
Solid Cement Corporation, a subsidiary of Cemex Holding Philippines Inc. (CHP), is finally pushing through with its long delayed capacity expansion at higher cost of $323 million from the original $235 million in 2018. In a disclosure to the Philippine Stock Exchange, CHP said Solid will be...
Cemex Holdings Philippines Inc. (CHP) reported a 26 percent drop in net income to P726 million last year from the P985 million earned in 2020 mainly due to foreign exchange losses as well as the lower operating earnings in the fourth quarter. In a disclosure to the Philippine Stock Exchange, CHP...
Cemex Holdings Philippines, Inc. (CHP) reported that the cement manufacturing plant of subsidiary APO Cement Corporation in Naga City, Cebu, is operational in the aftermath of Typhoon Odette. In a disclosure to the Philippine Stock Exchange, Cemex said that, while APO Cement has experienced...
Cemex Holdings Philippines Inc. (CHP), one of the country’s top cement producers, reported an 18 percent growth in net income to P897 million for the first nine months of 2021 from the P758 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, CHP said the...
Cemex Holdings Philippines Inc. (CHP) reported a 495 percent jump in net income to P804 million in the first half of 2021 from the P135 million earned in the same period last year, mainly due to higher operating earnings. In a disclosure to the Philippine Stock Exchange, the firm said...