This surge in revenue was driven by higher sales from its Kazakhstan operations, supported by contributions from the new Korcem cement plant, which has been in operation for six months, and sustained demand for Alacem cement plant.
International Cement Group has reported earnings of $14.9 million for the 1HFY2025 ended June 30, a significant surge from the $933,000 earnings reported in the same period a year ago.
The group’s revenue grew 51% y-o-y to $165.1 million, and gross profit grew 74% y-o-y to $59.3 million.
