Steppe Cement Ltd (STCM)

Sector:

Construction and Building Materials

Index:

FTSE AIM All-Share

 16.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 21.00p
  • 52 Week Low: 13.00p
  • Currency: UK Pounds
  • Shares Issued: 219.00m
  • Volume: 333,704
  • Market Cap: £35.04m
  • RiskGrade: 216
  • Beta: 0.03

Steppe Cement sales rise as Kazakh real estate investment grows

By Josh White

Date: Wednesday 07 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Kazakhstan-focussed Steppe Cement updated the market on its first half on Wednesday, reporting sales of 840,661 tonnes of cement for KZT 16.66bn (£20m), compared with 764,752 tonnes of cement for KZT 13.68bn a year earlier.
The AIM-traded firm said that represented an increase of 10% in volume and 22% in turnover over the same period in 2020.

It said the average price for the current period for delivered cement was KZT 19,814 per tonne, up from KZT 17,884 per tonne 12 months prior.

The ex-factory price for the current period was KZT 16,571 per tonne, compared with KZT 14,727 per tonne in the corresponding period of 2020.

"The cement market in Kazakhstan increased by 25% during the first half of 2021, compared with the same period last year," the board said in its statement.

"This significant increase can be partly justified as the government has allowed partial withdrawals from individual's pension funds to be invested in real estate."

It said imports represented 5.2% of the local market, remaining stable, while exports from Kazakhstan increased by 12% to 0.96 million tonnes.

"Steppe Cement's local market share was 14.3% in the first half of 2021, and the company exported 8.5% of its sales."

At 1108 BST, shares in Steppe Cement were up 0.2% at 51.1p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

STCM Market Data

Currency UK Pounds
Share Price 16.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 21.00p
52 Week Low 13.00p
Volume 333,704
Shares Issued 219.00m
Market Cap £35.04m
Beta 0.03
RiskGrade 216

STCM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
1.64% below the market average1.64% below the market average1.64% below the market average1.64% below the market average1.64% below the market average
24.32% below the sector average24.32% below the sector average24.32% below the sector average24.32% below the sector average24.32% below the sector average
Price Trend
22.12% below the market average22.12% below the market average22.12% below the market average22.12% below the market average22.12% below the market average
35% below the sector average35% below the sector average35% below the sector average35% below the sector average35% below the sector average
Income Not Available
Growth
86% below the market average86% below the market average86% below the market average86% below the market average86% below the market average
78.38% below the sector average78.38% below the sector average78.38% below the sector average78.38% below the sector average78.38% below the sector average

STCM Dividends

  Latest Previous
  Special Special
Ex-Div 16-Dec-24 24-May-24
Paid 31-Dec-24 06-Jun-24
Amount 1.50p 1.50p

Trades for 11-Jul-2025

Time Volume / Share Price
17:05 30,000 @ 16.00p
16:03 75,000 @ 16.08p
16:05 2,750 @ 15.33p
14:37 50,000 @ 16.45p
14:40 5,000 @ 16.50p

STCM Key Personnel

CEO Javier del Ser Perez

Top of Page