Cemex Holdings Philippines Inc. (CHP) reported a 130 percent surge in net income to P205 million in the first quarter of the year from P89 million earned in the same period of 2020. In a disclosure to the Philippine Stock Exchange, the firm said this is mainly due to a 78 percent decrease in...
Department of Trade and Industry (MANILA BULLETIN) The Philippines has expanded the list of countries covered with the safeguard measure on cement importation with additional 13 countries, including Indonesia, as sourcing of cheap cement may have been diverted to countries previously exempt from...
Cemex Holdings Philippines Inc. (CHP) reported a decline in consolidated net income to P985 million last year from P1.3 billion in 2019 due to the negative impact of the COVID-19 pandemic on cement prices and volumes. In a disclosure to the Philippine Stock Exchange, the firm said its...
The local stock market is seen to trade with a downward bias this week even as investors await the release later in the week of the gross domestic product figure for the fourth quarter of 2020. “The local market’s bias is still seen to be tilted to the downside amid waning optimism and...
Cemex Holdings Philippines Inc. reported a drop in net income to P758.1 million for the first nine months of 2020 from P874.7 million in the same period last year, due to the negative impact of the COVID-19 pandemic on operating earnings. In a disclosure to the Philippine Stock Exchange,...