Gypsum industry news

Vietnam: Gypsum and Cement JSC (TXM) has posted a US$27,501 net loss in the third quarter of 2015, compared to a US$82,861 net profit in the same period of 2014. The company generated US$6.72m net revenue in the period, down by 16% year-on-year. TXM attributed its loss to the depreciation of the Vietnamese Dong compared to the US Dollar, increases in management costs and a fall in financial income. In the first nine months of 2015, TXM made a US$134,370 net profit on a US$19.5m net revenue, down by 42% and 10% year-on-year, respectively.

Vietnam: Gypsum and Cement JSC (TXM) has announced that it will target US$314,772 of pre-tax profit on US$29.2m revenues and 4% dividend in 2015. It reported US$384,207 of pre-tax profit on US$28.9m revenues and 3% dividend in 2014. In 2015, TXM plans to invest in the DAP Dinh Vu plant, which manufactures artificial gypsum, and is looking for partners for a project exploiting gypsum in Laos.

Vietnam: Gypsum and Cement JSC posted a net profit of US$173,900 in the first half of 2013, versus US$184,834 a year earlier. The company generated revenue of US$13.3m in the period, versus US$12.3m over the same period of 2012.

In the second-quarter of 2013, the company posted a US$112,800 net profit on US$7.5m revenue, compared to US$137,440 and US$7.3m a year before.