Listed Holcim Philippines, Inc. said the company will expedite the rollout of its new building products and its e-commerce platforms as the construction industry is seen to play a key role in economic recovery.
The company aims to beef up its product line, which includes infrastructure cement Holcim Solido, masonry product Holcim Wallright, and water repellent cement Holcim Aqua X.
“We have also accelerated our commercial digitalization with Easybuild, E-Konekta, and Lead Retail, improving our services and relationships with our customers despite the challenges of the pandemic,” Horia Ciprian Adrian said.
“I am excited to continue driving these innovations and confident that we have what it takes to succeeds,” Mr. Adrian added.
Holcim Philippines closed the first quarter with P908.92 million in net attributable profit, 81% higher than the P501.31 million generated in the same period last year.
The company will also strengthen its cost disciplinary measures and operational efficiencies, as well as maintain its focus on health and safety.
It added that it is committed to using natural resources more efficiently and reducing its carbon emissions as the cement industry “has a key role in meeting the global climate targets.”
Holcim Philippines said it will also work on creating a sustainable waste management solution.
On Friday, shares of Holcim Philippines at the stock market improved by 5.94% to close at P6.24 each. — Keren Concepcion G. Valmonte