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Table 1
Anhui Conch
Lafarge
Holcim
Heidelberg
ItalCementi
Cemex
Taiwan
Cement
China
Resources
Ultra Tech
Taiheiyo
Cimpor
Votorantim
Cementos
Siam
Titan
Dangote
Revenues
8,897,627
21,098,800
22,504,900
19,366,200
5,879,880
14,994,600
3,859,950
3,784,360
3,520,790
7,949,142
3,766,480
5,465,040
13,419,400
1,632,510
2,353,240
Net Profi ts
1,581,270
1,085,620
1,821,480
1,312,460
(122,744)
(763,543)
330,000
505,699
442,220
120,463
(21,270)
625,092
1,162,340
(40,254)
1,226,037
Taxes
458,902
363,724
608,302
323,881
160,876
475,906
N/A
133,599
194,732
155,994
132,521
248,361
154,612
26,871
0
Capacity (MT millions)
217
205
206
90
80
76
64
59
49
43
35
35
31
20
20
Source
http://
www.conch.cn//
news_fi le/
20143193550734
9.pdf
http://
www.lafarge.c
om/
02192014-
press_fi nance
-
Lafarge_Fina
ncial_Report_
December_20
13-uk.pdf
http://
www.holcim.c
om/uploads/
CORP/
Holcim_GB20
13_Web_en.p
df
http://
www.heidelberg
cement.com/
NR/rdonlyres/
07985B2D-
BF40-49F1-
AD13-
B5AF931DA44E
/0/
AnnualReport_2
013_WebLinks_
09042014.pdf
http://
www.italcementi
group.com/NR/
rdonlyres/
7327B17B-1A2
1-4C0C-9DAF-
CA06E0561AC
1/0/
Draft_ANNUAL
REPORT_2013
_ITC.pdf
http://
www.cemex.c
om/
CEMEX_AR2
013/
index.html#!
report=home
http://
focustaiwan.t
w/news/aeco/
20140401001
2.aspx
http://
www.crcement.
com.hk/eng/
investorsrealtio
ns/anir/201403/
P02014031967
4278524963.pd
f
http://
www.ultratech
cement.com/
images/
downloads/
UTCL_Annual
_Result_FY13
.pdf
http://
www.taiheiyo-
cement.co.jp/
english/
annualreports
/pdf/
annualreport/
2013/
tc13e_page_0
09.pdf
http://
www.cimpor.p
t/cache/
binImagens/
RC_2013_EN
-21271.pdf
http://
www.vcimentos
.com.br/extras/
pdf/
140317_en.pdf
http://
scc.listedcom
pany.com/
misc/FS/
20140220-
SCC-
FSFY2013-
EN.pdf
http://
ir.titan.gr/titan/
uploads//
fi nancials/
2013/12M/
2.AnnualRepo
rt2013(6th).pd
f
http://
dangote.com/
downloads/
Dangote-
Cement-
Audited-
Accounts-201
3.pdf
Profi t Ratio %
17.77%
5.15%
8.09%
6.78%
-2.09%
-5.09%
8.55%
13.36%
12.56%
1.52%
-0.56%
11.44%
8.66%
-2.47%
52.10%
Country
China
France
Switzerland
Germany
Italy
Mexico
Taiwan
Hong Kong
India
Japan
Portugal
Brazil
Thailand
Greece
Nigeria
Year End
31 Dec 13
31 Dec 13
31 Dec 13
31 Dec 13
31 Dec 13
31 Dec 13
31 Dec 13
31 Dec 13
31 Mar 13
31 Mar 13
31 Dec 13
31 Dec 13
31 Dec 13
31 Dec 13
31 Dec 13
Notes
1
. All fi gures have been converted to
US$
from their original currencies using
Oanda.com
2
. Revenues, Net Profi ts and Taxes are in
Thousands
3
. ItalCementi, Cemex, Cimpor and Titan are heavily indebted (to fund expansion)
hence the losses due to cost of fi nancing
4
. Unable to translate Taiwan Cement accounts from Cantonese(?) hence no tax
fi gures
5
. I ignored a few other Chinese manufacturers in the top 20 as Anhui Conch, being
the largest, is enough to make the point
6
. Utterly pointless to thank me for this
