Last $10.14 PHP
Change Today +0.14 / 1.40%
Volume 884.0K
LRI On Other Exchanges
As of 3:29 AM 04/24/14 All times are local (Market data is delayed by at least 15 minutes).

lafarge republic inc (LRI) Snapshot

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52 Week High
05/15/13 - $11.89
52 Week Low
12/16/13 - $8.55
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lafarge republic inc (LRI) Details

Lafarge Republic, Inc., together with its subsidiaries, engages in the exploitation, development, manufacture, and sale of cement, marble, and other building materials in the Philippines. The company’s products include Portland Type I, Type II, and Type V; masonry cement; and Type 1P cement, as well as aggregates that are primary ingredients in concrete and asphalt production. In addition, it is involved in the manufacture and distribution of cement formties, concrete aggregates, and concrete products for the building and construction industry. Lafarge Republic, Inc. sells its products through dealers, as well as directly to contractors, developers, pre-cast manufacturers, and ready mix concrete companies. The company was formerly known as Republic Cement Corporation and changed its name to Lafarge Republic, Inc. in June 2012. Lafarge Republic, Inc. was incorporated in 1955 and is based in Makati City, the Philippines.

940 Employees
Last Reported Date: 04/16/14
Founded in 1955

lafarge republic inc (LRI) Top Compensated Officers

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Executives, Board Directors

lafarge republic inc (LRI) Key Developments

Lafarge Republic, Inc. Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2013

Lafarge Republic, Inc. reported audited consolidated earnings results for the year ended December 31, 2013. For the year, the company reported profit of PHP 3.7 billion, a 30% rise compared to the PHP 2.8 Billion profit in 2012. The company recorded PHP 23 billion in net sales for 2013. Sales growth from increased demand from private and public sectors combine with effective Sales and Marketing initiatives allowed leading construction materials solutions provider Lafarge Republic Inc. (LRI) to increase its net sales by 16% compared to 2012.

Lafarge Republic, Inc. Amendments to Articles of Incorporation

Lafarge Republic, Inc. announced in compliance with SEC Memorandum Circular No. 6, Series of 2014 directing existing corporations to amend their articles of incorporation to specify their complete address, the Board of Directors approved the amendment of the company's articles of incorporation to reflect the principal office of 'The Salcedo Tower, 169 H.V. Dela Costa Street, Salcedo Village, Brgy. Bel-Air, Makati City, Metro Manila', subject to the necessary stockholders' and regulatory approvals.

Lafarge Republic, Inc. Approves Investment in New Grinding Mill for Norzagaray Plant

On 28 January 2014, the Board of Directors of Lafarge Republic, Inc. approved the Corporation's investment in a new grinding mill for its Norzagaray Plant, with capacity to produce 850,000 tons of cement per annum, with target commissioning date in the second quarter of 2015. This new mill will supplement the new mill for the Teresa Plant that was approved by the Board in May 2013, with target commissioning date of January 2015.


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Holcim Philippines Inc $13.90 PHP +0.04
Taiheiyo Cement Corp ¥363.00 JPY -2.00
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Valuation LRI Industry Range
Price/Earnings 20.3x
Price/Sales 2.6x
Price/Book 2.8x
Price/Cash Flow 16.5x
TEV/Sales 2.2x

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