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STCM Steppe Cement Ltd

19.50
-2.00 (-9.30%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Steppe Cement Ltd LSE:STCM London Ordinary Share MYA004433001 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.00 -9.30% 19.50 19.00 20.00 21.50 19.50 21.50 365,431 15:09:52
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Cement, Hydraulic 86.73M 17.78M 0.0812 2.40 42.71M

Steppe Cement Limited 3rd Quarter Market Update (1119C)

07/10/2022 7:00am

UK Regulatory


Steppe Cement (LSE:STCM)
Historical Stock Chart


From Mar 2022 to Mar 2024

Click Here for more Steppe Cement Charts.

TIDMSTCM

RNS Number : 1119C

Steppe Cement Limited

07 October 2022

7 October 2022

Steppe Cement Ltd

Market Update for the Third Quarter ended 30 September 2022

Third quarter 2022 revenue of KZT 13,071 million was 9% higher than revenue of KZT 12,045 million

achieved in the corresponding quarter in 2021. For the 9 months ended 30 September 2022, Steppe

Cement Ltd ("Steppe Cement") recorded revenue of KZT 32,651 million compared with KZT 28,812

million in the corresponding 9-month period in 2022, representing a 13% increase.

A sales volume of 546,357 tonnes was achieved during the third quarter, a 2% increase from the third

quarter of 2021. For the first 9 months of 2022, the sales volume decreased by 1% to 1,362,407 tonnes

from 1,375,464 tonnes in the corresponding 9-month period in 2021.

The average price (ex-VAT) for delivered cement was KZT 23,965 per tonne in the first 9 months

compared with KZT 20,947 per tonne last year. For the first 9 months of 2022, the ex-factory price

stood at KZT21,023 per tonne, an increase of 17% over KZT17,930 in 2021.

For the first 9 months of 2022, the cement market in Kazakhstan was 9.4 million tonnes, 2% higher

than in 2021. Imports decreased to 6% from 7% of total consumption in the corresponding 9-month

period in 2021. Exports from Kazakhstan were 0.85 million tonnes. Current estimate of the cement

market for 2022 is 11.8 million tonnes or 2% above 2021, with Steppe Cement's market share at 15%.

Steppe Cement's AIM nominated adviser and broker is RFC Ambrian Limited.

Nominated Adviser contact: Stephen Allen or Andrew Thomson on +61 8 9480 2500.

Broker contact: Charlie Cryer at +44 20 3440 680

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

QRTBKOBNBBDKDKK

(END) Dow Jones Newswires

October 07, 2022 02:00 ET (06:00 GMT)

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