Economy & Market
Holcim Philippines report rise in profit
Holcim Philippines´ profits for the nine months of 2015 grew by 12.67 per cent to PHP4.55 billion from PHP4.04 billion last year. Sales reached PHP27.99 billion. Cement demand was healthy nationwide and strongest in the Visayas and Mindanao.
Holcim Philippines Country CEO Eduardo A Sahagun, said the company´s third quarter results were made possible by the improved performance of the plants, which can now operate longer before maintenance activities.