Mikolaiv Cement income down 8.3%
First publishedon www.AggBusiness.com
In 2010, the net income of Ukraine’s Mikolaiv Cement, which belongs to France's Lafarge, dropped 8.3% year-on-year to €40.82 million.
The volume of incomplete construction grew to nearly €17.6 million, and while the plant produced 851,900tonnes of cement worth nearly €37.9 million, its long-term liabilities grew by 24% to €6.2 million.
Undistributed profit of Mikolaiv Cement fell 11.1% to €23.5 million.