Cemex´s Net Rises

Mexican cement giant Cementos Mexicanos (Cemex) reported net profit of $733 million in the second quarter, up 197 percent year-on-year. Revenue was up 125 percent to $4.4 billion, largely on the back of Cemex´s integration with British cement maker RMC. The company´s net debt was $9.6 billion at the end of June, down $800 million in three months.