Sunstate Cement News Today

AdBri reported revenue of AUD1569.2m (US$1135m) compared to AUD1454.2m in 2020 with increased sales volumes experienced for all products other than ...

Adbri sees 4% decline in revenue for 2020 23 February 2021 Australia-based Adbri Ltd has announced a 4.1 per cent decrease in revenue to AUD1454.2m (US$1.15bn) in 2020, compared to AUD1517m in the previous year. The result has been attributed to the impact of lower residential activity on cement and concrete volumes. However, reported net profit after tax advanced 98.1 per cent YoY to AUD93.7m from AUD47.3m. "In the context of the challenging operating environment, the financi...