Cemex Philippines swings to loss in 2018

11:18 Feb 08, 2019

"..CEMEX Holdings Philippines, Inc. (CHP) suffered a net loss in 2018, pulled down by the impact of the landslide in Cebu and higher foreign exchange losses. In a disclosure to the stock exchange on Friday, the listed cement manufacturer reported a ..."
"..CEMEX Holdings Philippines ... and capital outlay in the first eleven months of 2018. During this period, the National Economic and Development Authority noted that nine flagship projects have broken ground. The company remains upbeat for its prospects ..."
"..CEMEX Holdings Philippines, Inc. (CHP ... During this period, the National Economic and Development Authority noted that nine flagship projects have broken ground. The company remains upbeat for its prospects this year due to the expected robust demand ..."
"..The private sector drove CHP's business for the year, as residential construction remained strong, supported by the demand from overseas Filipino workers, foreign investors, and outsourcing and offshoring companies. Meanwhile, infrastructure construction ..."

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